Business Studies, asked by rolandoduran513, 7 months ago

advantages(sole propiestorshipe)

Answers

Answered by tanmoy7221
0

Answer:

hello

Explanation:

The question is not clearly mentioned

Answered by pmd43638
0

Explanation:

Advantages of a Sole Proprietorship:

1.)Easy and inexpensive process. The establishment of a sole proprietorship is generally an easy and inexpensive process.

2.)Few government regulations. Sole proprietorships adhere to a few regulatory requirements.

3.)Tax advantages.

4.)Unlimited liability of the owner.

5.)Limitations on capital raising.

or,

Advantages of a Sole Proprietorship:

1.)A sole proprietor has complete control and decision-making power over the business.

2.)Sale or transfer can take place at the discretion of the sole proprietor.

3.)No corporate tax payments.

4.)Minimal legal costs to forming a sole proprietorship.

5.)Few formal business requirements.

or,

One of the functional advantages of sole proprietorships is that they are easier to set up than other business entities. A person becomes a sole proprietor simply by running a business. Another functional advantage of a sole proprietorship is that the owner maintains 100% control and ownership of the business.

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