advantages and disadvantages of sole proprietorship
Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!
easiest to start
advantage
least regulated
advantage
single owner keeps all the profits
advantage
taxed once as personal income
advantage
difficult to sell ownership interest
disadvantage
equity capital limited to owner's personal wealth
disadvantage
limited to life of owner
disadvantage
unlimited liability
disadvantage
