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sole proprietorship

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sole proprietorship

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manage business

Created by

urooj fatima
urooj fatima
India

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sole proprietorship
 

sole proprietorshipOnline version

manage business

by urooj fatima
1

•Sole proprietorship is owned and controlled by a single individual.

2

•In sole proprietorship, the liability of the owner is limited.

3

•The proprietor enjoys all profits and bears all losses.

4

•Sole proprietorship requires heavy legal formalities to start.

5

•The business and the proprietor are considered separate legal entities.

 
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