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the disadvantage you are responsible for the failure of the business

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Q: What is a disadvantage of owning a business?
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What of the following is a disadvantage of owning a sole proprietorship?

May have difficulty raising money for business operations


What are the advantages and disadvantages of a private limited company?

One disadvantage to owning a private company is the fact that financing the business may be difficult. An advantage to owning a private company is the fact that you are in control of your business decisions.


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One disadvantage to owning a local business is the fact that the business is limited to the local area. With a national organization, there is more potential to earn money because they have more customers.


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How people get rich?

By understanding economics & by owning a business.


Owning a business should you have a master degree?

There are no educational requirements for owning and operating a business. However, a degree in business would be extremely beneficial, and lack of a business education today is one major reason why some businesses fail.


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A disadvantage of a business letter is that it will not have a personal touch. Another disadvantage of a business letter is that they are formal and never show any emotion.


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You will be burglarized or even have a fire, that may ruin your business.