State the main characteristics of sole proprietorship. (any two)
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the 2 main character of sole proprietorship is=
Explanation:
this start up costs are low you have maximum privacy establishing and operating your business simple. it is easy to change your legal structure later if circumstances change... plz like , comment, follow and I hope u get your correct reply.
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Characteristics of Sole Proprietorship:
Sole Proprietorship: The individual carries on business exclusively by and for himself. ...
Free from Legal Formalities: ...
Unlimited Liability: ...
Sole Management: ...
Secrecy: ...
Freedom regarding Selection of Business
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