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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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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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Small business can be started at a very low cost and on a part-time basis

Small business can be started at a very low cost and on a part-time basis. Small business is also well suited to internet marketing...

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Fire insurance is a necessary part of business insurance

Fire insurance Fire insurance is a necessary part of business insurance. Fire can destroy the business by causing a loss of revenue and...

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