There are no disadvantages to doing business as a sole proprietorship.

Name: There are no disadvantages to doing business as a sole proprietorship.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

There are some disadvantages to doing business as a sole proprietorship, such as unlimited personal liability, limited resources for growth and expansion, and difficulty raising capital. Additionally, it may be difficult to attract investors or sell the business in the future due to the fact that it is tied to the individual owner.

There Are No Disadvantages to Doing Business as a Sole