Rhonda is convinced she has the best idea for a new business. Unfortunately, her business would require a fairly high initial investment and Rhonda has poor credit and very little personal wealth. She would be unlikely to find success if she organized her business as a sole proprietorship.

Question

Quizplus · Accepted Answer

Funds available to sole proprietorships are often limited to the amount the owner can raise. Thus, Rhonda's business would probably have a hard time raising enough money if she organized it as a sole proprietorship.

Rhonda Is Convinced She Has the Best Idea for a New