What are the advantages and disadvantages of a sole proprietorship
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What are the advantages and disadvantages of a sole proprietorship?
Answered by admin @
Answer:
Sole proprietorships have several advantages over other business entities. They are easy to form, and the owners enjoy sole control of the business profits. However, they also have disadvantages, the biggest of which being that the owner is personally liable for all business losses and liabilities.
Explanation:
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