Question

why is sole proprietorship common in South Asian countries​

Answer 1

Answer:

A sole proprietorship is a business venture with only one owner. Professionals, retailers and service providers can be sole proprietors.

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Answer 2

Answer:

The sole proprietorship is a popular business form due to its simplicity, ease of setup, and nominal cost. A sole proprietor need only register his or her name and secure local licenses, and the sole proprietor is ready for business.

Explanation:

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