Question

WHAT ARE THE MERRITS OF SOLE PROPRIETORSHIP ?????


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Answer 1

Answer:

Advantages of a Sole Proprietorship

Easy and inexpensive process. The establishment of a sole proprietorship is generally an easy and inexpensive process. ...

Few government regulations. Sole proprietorships adhere to a few regulatory requirements. ...

Tax advantages. ...

Unlimited liability of the owner. ...

Limitations on capital raising.

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Answer 2

Answer:

Easy and inexpensive process. The establishment of a sole proprietorship is generally an easy and inexpensive process. ...

Few government regulations. Sole proprietorships adhere to a few regulatory requirements. ...

Tax advantages. ...

Unlimited liability of the owner. ...

Limitations on capital raising.

Explanation:

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