Question

state the demerits of sole proprietorship of from of business organisation​

Answer 1

Answer:

. Limitation of Capital: The sole proprietor of a business is generally at a disadvantage in raising sufficient capital. His own capital may be limited and his personal assets may also be insufficient for raising loans against their security.

Answer 2

Unbalanced management.

Unlimited liability.

Limited sources of capital.

Lack of continuity.

Hope this will help u.