Samantha sells homemade cupcakes on the sidewalk in front of her house as a sole proprietor. She does all the work, makes all the sales, and keeps all the profits. If she instead makes and sells cupcakes with her best friend and if they share the profits from the cupcakes business, they would be operating as a partnership.

using a paragraph outline the benefits and drawbacks Samantha faces as a sole proprietor and the pros and cons she'd encounter if she ran her cupcake business with her best friend, as a partnership.

Answer rating: 100% (QA)

As a sole proprietor Samantha enjoys several benefits She has complete control over her cupcake business from decisionmaking to operations allowing for quick and flexible adjustments She retains all t... View the full answer