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Sole proprietorship advantages and disadvantages?
Sole Proprietorship Disadvantages:- 1- Unlimited liability 2- limited source of funds 3- Managerial abilities 4- Operational disadvantage 5- Continuity 6- Expansion Advantages :- 1- Ease of formation 2- Flexibility 3- Credit standing 4- Taxation 5- Legal status 6- Secrecy 7- Relationship with Customers 8- Minimum legal restriction
What are the advantages of sole proprietor?
The main advantages of a sole proprietorship are: 1) You have complete control of the decision making of the business, 2) Sale or transfer can only take place at your consent, 3) No corporate tax payments, 4) Minimal legal costs to form a sole proprietorship, and 5) Few formal business requirements.
Advantages and disadvantages of databases?
Advanages: 1) Secured data 2) Reduced data redundancy 3) Controlled data inconsistency 4) Integrated data 5) Standardized data 6) Shared data Dis Advantages: 1) Security may be compromised without good controls 2) Extra hardware may be required 3) System is likely to be complex 4) Performance overhead may be significant.
What are advantages and disadvantages of business combination?
Following are the advantages of business combination. 1. Competition between and among the companies will be eliminated. 2. Amount of capital can be increased by combining business. 3. Establishment and management cost can be reduced. 4. Benefits of large scale production can be secured. 5. Operating cost can be reduced by avoiding duplication. 6. Research and development facilities are increased. 7. Monopoly in the market can be achieved. 8. Bulk purchase of materials at reduced price is possible. 9. Stability of the price of goods is maintained. Following are the disadvantages of business combination 1. Business combination brings monopoly in the market, which may be harmful for the society. 2. The identity of the old company finishes. 3. Goodwill of the old companies decrease. 4. Management of the company becomes difficult. 5. Business combination may result in over-capitalization.
What are the main advantages offered by the Target VISA credit card?
The main advantages of having a Target VISA credit card are 5% off your purchases, free shipping from the Target website and free online bill payment.
What are the 5 advantages and 5 disadvantages?
nay
What are the 5 advantages and disadvantages of consumer protection?
The advantages are that it is good for the consumers and there are no disadvantages except for the companies
Sole proprietorship advantages and disadvantages?
Sole Proprietorship Disadvantages:- 1- Unlimited liability 2- limited source of funds 3- Managerial abilities 4- Operational disadvantage 5- Continuity 6- Expansion Advantages :- 1- Ease of formation 2- Flexibility 3- Credit standing 4- Taxation 5- Legal status 6- Secrecy 7- Relationship with Customers 8- Minimum legal restriction
What are the 5 example of advantages and disadvantages?
nay
Can you give you 5 examples of water disadvantages?
can you give you 5 example of advantages and disadvantages of using plastics
What would be 5 examples of advantages and disadvantages?
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What are 5 advantages and 5 disadvantages of complexity in higher organisms?
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5 advantages and disadvantages of alcohol beverage in human body?
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What are the advantages and disadvantages of the mean using examples?
less down 5 example of advantages and disadvantage of using plastics
Give 5 types of families advantages and disadvantages of each family?
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What are the advantages of sole proprietor?
The main advantages of a sole proprietorship are: 1) You have complete control of the decision making of the business, 2) Sale or transfer can only take place at your consent, 3) No corporate tax payments, 4) Minimal legal costs to form a sole proprietorship, and 5) Few formal business requirements.
What are the advantages and disadvantages of quinary number system?
or Base 5 Advantages Count on ones fingers or toes [advantage disappears after 20.] Disadvantages No one knows it Uses far more digits than base 10
