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You are thinking of opening a sole proprietorship. You have been thinking of opening your own business for a while. Before you move on ,
You are thinking of opening a sole proprietorship. You have been thinking of opening your own business for a while. Before you move on you want to review the different advantages a sole proprietorship has over the other business forms. Based on known critiques about sole proprietorship, which of the following statements reflect the MOST unlikely circumstances resulting from this firm's approach to this business form?
You are thinking of opening a sole proprietorship. You have been thinking of opening your own business for a while. Before you move on you want to review the different advantages a sole proprietorship has over the other business forms. Based on known critiques about sole proprietorship, which of the following statements reflect the MOST unlikely circumstances resulting from this firm's approach to this business form?
They typically have no employees.
It is considered the hardest operation because of their lack of employees.
It is considered the easiest operation.
They have a personal tax return.
They have an unlimited liability.
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