Mrs. Edem Yawah is a sole proprietor. Over the past decade, her business has grown from operating a neighborhood corner shop selling accessories such as artificial jewellery, bags, hair clips and nail art to a retail chain with three branches in the city. Although she looks after the varied functions in all the branches, she is wondering whether she should form a company to better manage the business. She also has plans to open branches countrywide. Question Explain two benefits of remaining a sole proprietor Explain two benefits of converting to a joint stock company BL 2 Mid term exam wkd Oct.2020_68fe372e63d3d718569f89c0148dfdc7 Question Explain two benefits of remaining a sole proprietor Explain two benefits of converting to a joint stock company What role will her decision to go nationwide play in her choice of form of the organisation? What contracts are needed to start a business? (10 marks)