3 years ago

Why might a someone organize his or her business as a sole proprietorship?

1 answer:

8 0

Some one might prefer to organize his or her business as a sole proprietorship because :
- They had enough capital to fund their business by their own without the help of any investors
- They don't like to give any controls over their business to other people (which will be the case if they formed a corporation or a firm)
- They only run a small scale business

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