name the alternatives available to sole proprietor whose business is expanding
Answers
Answered by
25
Answer:
Earn more profit
Explanation:
You may also expand a sole proprietorship by adding passive investors as limited partners, or by adding owners and either incorporating or forming a limited liability company, or LLC. If you hire employees, you will have to register with the IRS and handle employee tax issues.
Answered by
8
Answer:
Explanation:
the alternative available to sole proprietor whose business is expanding is that:
- he/she have to appoint a paid assistant
- admitting a partner
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