9 Characteristics of Sole Proprietorship Business- Subjectquery.com
The characteristics of sole proprietorship include various points to define the features of sole business. The points are:- Ownership of Business, Management, Source of Capital Funds, Liability, No sharing of Profit & Loss, Stability, Single Man Control, Provide Employment Opportunities, Minimum Legal Aspects or Formalities. 1.Ownership of Business- Ownership of a business is the first… (2 comments)