what could be the underlying reason why the sole proprietorship form of ownership is the most popular? explain further and cite an example scenario
Share
what could be the underlying reason why the sole proprietorship form of ownership is the most popular? explain further and cite an example scenario
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
The sole proprietorship is a popular business form due to its simplicity, ease of setup, and nominal cost. A sole proprietor need only register his or her name and secure local licenses, and the sole proprietor is ready for business.