Business Studies, asked by goyalarav80, 8 months ago

write three merits of sole Proprietorship?​

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Answered by rithika2008
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Answered by sonalinalaker
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Advantages of Proprietorship

  1. Easy to Establish. ...
  2. Easier to Operate. ...
  3. Sole Beneficiary of Profits. ...
  4. Compliance & Taxation. ...
  5. Privacy. ...
  6. Unlimited Liability. ...
  7. Difficulty in Obtaining Funds. ...
  8. Higher Tax Incidence.

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