advantages & limitations of sole proprietorship?
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Sole proprietorship – advantages and disadvantages
you're the boss.
you keep all the profits.
start-up costs are low.
you have maximum privacy.
establishing and operating your business is simple.
it's easy to change your legal structure later if circumstances change you can easily wind up your business.
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advantages. : full countrol. , quick decision making,
limitations. : unlimited liability, lack in arrangement of resources , single person have no full ability to control business
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