Characteristics of sole proprietorship, Finance Basics

Characteristics of Sole Proprietorship

A. It caters for customers' personal attention

B. Accounts do not must be audited

C. Limited to such finances like:

  1. From banks short-term loans
  2. From suppliers trade credit
  3. Personal saving.
  4. Loans from friends and relatives.

D.  Highly flexible decision-creating process.

E.  Highly adaptable and flexible

F. To form less legal formalities.

Posted Date: 1/29/2013 2:07:49 AM | Location : United States







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

Write discussion on Characteristics of sole proprietorship
Your posts are moderated
Related Questions
system integration and infrastructure development is the

Advantages of Development Financial Institutions Advantages or Functions or can say Case for Development Financial Institutions 1. They grant venture capital 2. They gra

Tests of Term Structure of Interest Rates Theories Various tests have been conducted mainly in USA and they show that all the three (3) theories have some validity and therefo

Illustrate in brief about the Investment  Process A  typical  investment  decision  undergoes  a  five  step  procedure which, in turn, forms the foundation of investment pr

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

Reasons for major Growth in Venture Capital Reasons for Significant Growth in the Developed Countries in Venture Capital i) Public attitude that is a favorable attitude

main function of the insurance market

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

What is the Process of Investing in Securities ? There are several process of investing in securities:- (1) Finding a Broker (2) Selection of Brokers (3) Opening an Account w

expression of underlying asset''s price at maturity T for lookback option.