Terms

41 new/unreviewed 41 total

Term

Sole Proprietorship

Definition

Business owned by one individual

New/Unreviewed

Term

Sole Proprietorship Pros

Definition

- Sole Decision Maker - Fewer Regulations - Single Taxation - Easy to Form

New/Unreviewed

Term

Sole Proprietorship Cons

Definition

- Unlimited Personal Liability - Difficult to Raise Capital - Ends with life of the owner

New/Unreviewed

Practice Tests

0 total
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