Question

according to you which organisation is better sole proprietorship or partnership.why?

answer of you know
subject - business​

Answer 1

Answer:

A partnership has several advantages over a sole proprietorship: It's relatively inexpensive to set up and subject to few government regulations. Partners pay personal income taxes on their share of profits; the partnership doesn't pay any special taxes.

Answer 2

Answer:

A sole proprietor is limited to money he can invest in the business, loans from family and friends and third-party credit. Partnerships enable you to share the financing and operational burden. You give up equity in your business, but you gain additional resources that can help the business expand more quickly.$\Large\mathtt{\fcolorbox{lime}{black}{\pink{xxitzcrazygirlxx1}}}$