Business Studies, asked by Basilsaeed2912, 1 year ago

Name two type of business in which sole proprietorship is vert suitable

Answers

Answered by sachinarora2001
2
Sole proprietorship refers to the only single person who handle the working of business.

It is very suitable for that business where less capital is needed to start or run the business.

It is suitable in case of low working capital capacity..

It is suitable in case small retail shops business..

Suitable in case of business where one man want to get whole business profits..
Similar questions