answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What are the disadvantages of a sole propietorship?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a sole propietorship?

A Business owned and managed by a single individual , (;


What is an advantage to sole propietorship?

it is the least-regulated form of a business organization.


Give an example of a sole proprietorship business?

example of sole propietorship?business owner,business name


A firm owned by a single person who shares profits and losses with no one else is a?

sole propietorship


You are starting your own medical billing company Do you need a federal tax id?

If you want to operate it as a separate entity and not just as a sole propietorship and file tax on a schedule c.


What are the disadvantages of sole proprietorships?

unlimited liability


Disadvantages of sole traders?

disadvantages are that a sole trader has to do all the bookkeeping, he has to run the business on his own, the business cannot be continued if the owner dies or retires


What are the 3 disadvantages of sole proprietorships?

unlimited liability


What disadvangtages for sole proprietorship?

the sole proprietorship disadvantages is may not deduct health insurance epense when filing a ta return


What are the advantages and disadvantages of stacks?

Stacks are advantageous in enabling simple backtracking algorithms. That is the sole purpose of a stack, so there are no disadvantages as such.


Advantages and disadvantages of being a sole trader?

Advantages of being a sole trader include you being in complete control. You do not have to answer to anyone. You get to keep all of the profits to yourself. Disadvantages include you being on your own. You have all of the responsibility.


Disadvantages of being a sole trader?

if the owner of the business ill or goes on holiday they will lose profits