Tiny tom works for a very larg firm bur is unhappy in his job. He feel that his skill could be used to run his own business repairing farm machines. what problems might aries if the new business is run as a sole proprietorship?
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Answer: It can lead to bankruptcy or other financial and economical problems.
Explanation: This is because according to research it has been shown that most business owned by a single person and run by him/her are leading to loss due to no business partner and due to high amount of debts
to be short .. starting a business and running as a sole proprietorship is as risky as it would be to walk in a bush with a bull(Brawl stars)
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