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Sole proprietorship features and merits demerits

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Sole proprietorship features and merits demerits
  • 3 answers

Muskan Goyal 5 years, 5 months ago

Features 1.No separate legal entity 2.unlimited liability 3. Lack of continuity4. Independency decision 5.managed individual 6.risk bearing 7.No share profit and loss

Muskan Goyal 5 years, 5 months ago

Merits 1.maintaining secerts 2. Independency decision 3.done by single person 4.management individual

Muskan Goyal 5 years, 5 months ago

Sole properitorship- it is owned and managed by single individual and the no share profit and loss
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