Which of the following is a disadvantage of a sole proprietorship?
A) It is hard to attract and retain talented employees.
B) It is expensive and difficult to set up this type of business.
C) It is heavily regulated by most provincial and local governments.
D) There is limited liability.

Question

Quizplus · Accepted Answer

Sole proprietorships often face challenges in attracting and retaining talented employees due to limited resources and growth opportunities compared to larger corporations.

Which of the Following Is a Disadvantage of a Sole