Home » Classroom » JSS1 Business studies Forms Of Business Organization Question

What are the disadvantages of a sole proprietor... - JSS1 Business studies Forms Of Business Organization Question

What are the disadvantages of a sole proprietorship?

Disadvantages of a sole proprietorship include unlimited personal liability for business debts, limited access to capital, and a potential lack of continuity in the business in the event of the owner's incapacity or death.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses