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What do you understand by sole proprietorship in business?
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[QUOTE="Lens1000, post: 337539, member: 37726"] It is important to note that the owners of a sole proprietorship may find it very challenging when it comes to raising capital or when it comes to obtaining financing since they cannot sell shares of their businesses to the public . It is crucial to know that the sole proprietorship are not a separate entities and that is why so many of the businesses would cease to exist upon the death or when there is incapacities on the part of the owner to continue to run the business. [/QUOTE]
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What do you understand by sole proprietorship in business?
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