Tag Archives | Sole Proprietorship

Advantages and Disadvantages of Sole Proprietorship

A sole proprietor business is established, owned, financed and controlled by a single person who is known as sole trader or sole proprietor. Such a business run by sole trader or sole proprietor is known as sole trade or sole proprietorship. Some of the advantages of sole proprietorship are:- 1. Easy to Form 2. Effort-Reward Relationship 3. Full Control 4. [...]

By Shivangi S|2020-01-03T17:14:09+05:30January 3, 2020|Business|Comments Off

Advantages of Sole Proprietorship

Everything you need to know about advantages of sole proprietorship. Sole proprietorship means single ownership. Thus a sole proprietorship business means a business owned by a single person. A sole proprietor puts in his own money (capital) into the business. He may also borrow from others at his own risk. He uses his own skills or employs people working under [...]

By Nidhisingh B|2019-09-10T17:02:12+05:30September 10, 2019|Business|Comments Off

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