Business Studies, asked by krosskriss218, 7 months ago

write 7 suitability on Sole Proprietorship. ​

Answers

Answered by jaishrishu14
3

Easy to form: It is very easy and simple to form and organize a sole trader's business. ... Profit incentive: Sole trader enjoys all the profits for himself; This profit motive is an incentive to work hard. 4. Quick decisions: Since he is the sole organizer, he can take quick decisions.

hope it will help you......

Answered by RadicalFenix
0

Answer:

Small Capital

Lack of employees

Local market

Changing Fashion

Nearby Human Settlement

Less Scope of expansion

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