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Small business resources and information

Disadvantages of sole proprietorship

One of the main disadvantages of sole proprietors is unlimited liability where the owner’s personal assets can be taken away As a...

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Sole Proprietorship

sole proprietorship, also known as a sole trader or simply a proprietorship, is a type of business entity that is owned and run by one...

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Advantages of sole proprietorship

There are many advantages of corporations that are described are the ability to raise capital either publicly or privately, to limit the...

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