nancymadrigal23 nancymadrigal23
  • 14-02-2020
  • Business
contestada

2. Explain the strengths of a sole proprietorship and wn
ngths of a sole proprietorship and who might choose to start this type of
business:

Respuesta :

keshawnrkmerchant7
keshawnrkmerchant7 keshawnrkmerchant7
  • 14-02-2020

Explanation:

strengths:

1. He or she enjoys all the profit

2. easy to start up

3. decision making is quick

4.he or she can vary the hours of work

weakness:

1.there is lack of finance

2. lack of specialised staff

3.the owner bears all the risk

4.there is unlimited liability

who might start a sole proprietor business

1. a person that wants to be their own boss.

2.extra income.

3.the entrepreneur might think he will make more money working for his self than others.

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