Question

1. Explain the advantages and disadvantages of a Sole Properitor
Business?​

Answer 1

Answer:

These are the advantages....and disadvantage click to both the images

Answer 2

Answer:

1. Easy to Form 2. Effort-Reward Relationship 3. Full Control 4. Quick Decisions 5. Economical and Efficient Operations

6. Personal Touch. 7. Keep the Business Simple, Dynamic and Flexible 8. Society Gains as a Whole 9. Sole Beneficiary of Profits 10. Benefits of Small-Scale Operations

11. Retaining Secrecy 12. Social Desirability 13. Tax Advantage. 14. Minimum Government Control 15. Direct Motivation

16. Catering for Individual Tastes 17. Credit Standing 18. Independent Way of Life 19. Generation of Social Virtues 20. Diffusion of Business Ownership.