One of the major problems of a sole proprietor is sourcing for

One of the major problems of a sole proprietor is sourcing for

  • A.
    Funds
  • B.
    Labour
  • C.
    Raw materials
  • D.
    Machineries
Correct Answer: Option A
Explanation

sole proprietorship is solely financed by the owner and money from family and friends and most times it’s difficult to raise funds

The main disadvantages to being a sole proprietorship is raising of funds

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