Question

Leena is a sole proprietor .Over past decade ,her business has
grown from operating a neighbourhood corner shop
selling accessories such as artificial jewellery ,bags, hair
clips and nail art to a retail chain with three branches in
the city. She finds it difficult to handle varied functions
in all the branches all alone .She looks into taking her
friend, Ritu , into business. Ritu has completed her MBA
and will prove to be a great help to Leena.
(a) Explain two benefits of remaining a sole proprietor
(b)Which form of business organization Leena is looking
forward to?
(c) Explain how the above form will help in her
business?(any three)​

Answer 1

Answer:

B. she's looking for a partnership business