Question

kiran is a sole proprietor, Over the past decade, her business has grown from operating a neighborhood corner shop selling accessories such as artificial jewellery, bags, hair clips and nail art to a retail chain with three branches in the city. Although she looks after the varied functions in all the branches. She is wondering whether she should form a company to better manage the business. She also has plans to open branches countrywide.
Explain two benefits of remaining a sole proprietor​

Answer 1

Answer:

She should continue as sole pro coz forming a company may require a large process which is quite complicated.

Sole pro business is easy to handle compared to handling a company which requires a large staff and management.