Sole Proprietorship

advantages and disadvantages of sole proprietorship
Sole Proprietorship

Advantages and Disadvantages of Sole Proprietorship

A “sole proprietorship” is a form of doing a business where one person or an individual owns and runs a company under a distinct label.

However,

This group of operations is the most widespread in Pakistan.

It’s because of fact sole proprietorship is more even very easy to form,

Few legal formalities, low price instead of a company.