disadvantages of soleproprietorship in (4 marks)
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disadvantages of soleproprietorship in (4 marks)
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Explanation:
What are 3 disadvantages of a sole proprietorship?
What are the Disadvantages of Sole Proprietorships?
Owners are fully liable. If business debts become overwhelming, the individual owner's finances will be impacted. ...
Self-employment taxes apply to sole proprietorships. ...
Business continuity ends with the death or departure of the owner. ...
Raising capital is difficult.
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