Identify the main advantages of proprietorship.
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Explanation:
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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Explanation:
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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