Question

Which form of business is suitable for tailoring shop​

Answer 1

Answer:

sole proprietorship is best for tailoring shop.

Answer 2

Answer: Sole proprietorship or sole trader is best suitable for tailoring shop​.

Explanation:

Sole proprietorship is a form of business ownership exclusively owned and control by one person. A sole proprietor supplies the capital, manages the business, bears all the risk and receives all profits. Sole proprietorship firm has no legal existence separate from its owner

It is one person show.