Advantage and disadvantage of sole proprietorship, Finance Basics

Assignment Help:

Advantage and Disadvantage of Sole Proprietorship

Advantage of Sole Proprietorship

High supervision of employees
Income motivate owner
Sole trade mostly skilled in the business as good for competition
Low bureaucracy as less time wasted

Disadvantages of Sole Proprietorship

Short economic life consequently does not attract long-term finance, hence, limited growth and expansion.
Boundless liability
Success depends on capability or judgment of owner

Related Discussions:- Advantage and disadvantage of sole proprietorship

Evaluate the probability, Evaluate the probability of 10 or more customers ...

Evaluate the probability of 10 or more customers arriving within 2 hours if on average 7 customers arrive within one hour. Customers arrive independently.

Assumptions underlying percentage of sales method, Assumptions Underlying P...

Assumptions Underlying Percentage of Sales Method The fundamental supposition underlying the use of % of sales method is such, there is no inflation in the economy such is the

Calculate interest rate, Imagine Joy is the manager of a bank named Money ...

Imagine Joy is the manager of a bank named Money Talks Bank of Virginia . This bank has recently issued new loans to customers. Joy wants you, the business analyst to prepare a re

Classification of preference share capital, Classification of Preference Sh...

Classification of Preference Share Capital i) Redeemable Class Redeemable preferential shares are bought back via Issue Company after minimum redemption duration however

Vincent mind set, if u were the professor wht your opinion about vincent mi...

if u were the professor wht your opinion about vincent mind stage

Explain the method of offer of sale, Explain the method of Offer of Sale ...

Explain the method of Offer of Sale Method of offer of sale consists in outright sale of securities through intermediary of issue houses or share brokers. In other words, sh

Computation of payback period method, Computation of Payback Period Method ...

Computation of Payback Period Method 1. Under uniform annual incremental cash inflows - if the venture or an asset generates uniform cash inflows then the payback period (PB

#title. EM13545112., Define benefit plan for the employee participants

Define benefit plan for the employee participants

Preference shares, what makes a preference shares a hybrid?

what makes a preference shares a hybrid?

Mutual fund, investment procedure of mutual fund

investment procedure of mutual fund

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages