Economy, asked by supriyakanojiya143, 11 months ago

what is demerits of proprietorship?

Answers

Answered by Harshadapatil2522002

Answer:

The main disadvantages to being a sole proprietorship are: Unlimited liability: Your small business, in the form of a sole proprietorship, is personally liable for all debts and actions of the company. Unlike a corporation or an LLC, your business doesn't exist as a separate legal entity.

Answered by thanks28

Answer:

straight of owning a business or holding a property.mark me as brain list please

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