Accountancy, asked by riteshg85, 1 month ago

explain the limitations of sole proprietorship

Answers

Answered by manojchauhanma2
0

Answer:

Disadvantages of sole trading include that: you have unlimite

Answered by Ambardeep
6

Answer:

Advantages of a Sole Proprietorship

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

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

Tax advantages. ...

Unlimited liability of the owner. ...

Limitations on capital raising.

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