Business Studies, asked by vickykeshri37, 6 months ago

through the sole proprietor suffers from various shortcomings, many enterprise opt for it. why

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Answered by aanya9471
0

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Answered by sanchita449
7

Though sole proprietorship suffers from various shortcomings, many entrepreneurs opt for this form of organisation because of its inherent advantages. It requires less amount of capital. It is best suited for businesses which are carried out on a small scale and where customers demand personalised services.

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