1
946views
Write the Disadvantages of Sole Proprietorship.
1

add this subject to discord group


1 Answer
2
1views

Solution:

Disadvantages of Sole Proprietorship:

  • (1) Unlimited Liability :

    • The unlimited liability of the single proprietor is a great disadvantage to him; because business debts run against his entire property and not merely against the amount invested in the business.

    • This discourages the risk-taking instinct of the entrepreneur.

  • (2) Uncertainty …

Create a free account to keep reading this post.

and 3 others joined a min ago.

Please log in to add an answer.