Art, asked by Anonymous, 5 months ago

merits of sole proprietorship........​

Answers

Answered by Sakshisingh027
2

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.
Answered by sonalinalaker
0

Advantages of Proprietorship

  • Easy to Establish. ...
  • Easier to Operate. ...
  • Sole Beneficiary of Profits. ...
  • Compliance & Taxation. ...
  • Privacy. ...
  • Unlimited Liability. ...
  • Difficulty in Obtaining Funds. ...
  • Higher Tax Incidence.

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