Advantage and disadvantage of sole proprietorship, Finance Basics

Advantage and Disadvantage of Sole Proprietorship

Advantage of Sole Proprietorship

  • High supervision of employees
  • Income motivate owner
  • Sole trade mostly skilled in the business as good for competition
  • Low bureaucracy as less time wasted

 

Disadvantages of Sole Proprietorship

  • Short economic life consequently does not attract long-term finance, hence, limited growth and expansion.
  • Boundless liability
  • Success depends on capability or judgment of owner
Posted Date: 1/29/2013 2:10:12 AM | Location : United States







Related Discussions:- Advantage and disadvantage of sole proprietorship, Assignment Help, Ask Question on Advantage and disadvantage of sole proprietorship, Get Answer, Expert's Help, Advantage and disadvantage of sole proprietorship Discussions

Write discussion on Advantage and disadvantage of sole proprietorship
Your posts are moderated
Related Questions
Central Depository System or C.D.S Its computerized ledger systems which enable the transfer or holding of securities with no necessitate for physical movement.  The shares or

How is finance related to the disciplines of accounting and economics? Financial management is necessarily a combination of economics and accounting. First, financial managers

Dividend Cover Ratio Dividend cover = EPS/ DPS = Earning to ordinary shares/Dividend paid       This signifies the number of times dividend can be paid from earnin

Clientele Effect Theory Advance via Richardson Petit in 1977.It stated such different types of groups of shareholders or clientele have different type of preferences for divid

Question: a) Lucy who plans to retire in 18 years has decided to save money in the bank at the beginning of each month until her retirement, with each subsequent saving incre

Explain about the Internal Rate of Return Internal rate of return (IRR) is the rate of discount that makes the present value of all the revenues (cash flows) from the invest

Differences between Debt and Preference Share Capital Differences between Debt and Preference Share Capital are given below:   DEBT

Cum. And Ex. - Terms Used in Capital Market Authority           These prefixes are written in front of other words as like capital, rights and dividends to qualify them."Cum" i

investment procedure of mutual fund

what is the price of the share net sales Rs.120lakhs net profit margin 12.5% no. of equity shares 25,000 cost of equity shares 12% retention ratio 40% rate of interest(ROI) 16%