A disadvantage of a sole proprietorship is that:
A) partners may not agree on decision making.
B) profits are taxed only once.
C) profits are taxed at a personal income level.
D) there is limited ability for expansion.

Question

Quizplus · Accepted Answer

A sole proprietorship often faces limited ability for expansion due to limited financial resources and reliance on the owner's personal funds.

A Disadvantage of a Sole Proprietorship Is That