Accountancy, asked by harshsahu2122m, 4 months ago

explain five characteristics of sole proprietorship​

Answers

Answered by siddhiswami
0

Answer:

The sole proprietorship is easy to form and is also free from legal formalities. The sole proprietor can take prompt decisions to avail all business opportunities. ... In sole proprietorship being one man the owner of the business, the secrecy, economy, prompt decision and direct contact with customers, etc.

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