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What is sole proprietor ship?

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What is sole proprietor ship?

Posted by Hardik Garg 8 years, 3 months ago

CBSE > Class 11 > Business Studies

1 answers

Jassy Sandhu 8 years, 3 months ago

Sole Proprietorship refers to the which is controlled by an individual or one person. He is the only one owner of his business. All responsibilities lies to him only and he has to bear all the losses individually. He has to control the whole show therefore he needs big capital. Thnku.. ! Hope this will help u..!❤

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