Which is not a disadvantage of a sole proprietor ship

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Problem 1: Which of the following is NOT a disadvantage of a sole proprietor ship

Select one:

a. Simple to create

b. Limited diversity in skills and capabilities is available

c. The owner has limited access to capital

d. Lack of continuity

e. The owner is personally liable without limitation

Problem 2: The specific aspects to be included in a business plan for establishing a new business include all EXCEPT:

Select one:

a. Market research of the target market

b. Information about the management team, including their experience and qualifications

c. A breakdown of the financial needs of the business.

d. Transformation or expansion cost

e. Identifying the target market, and products and services offered.

Reference no: EM132738939

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