What is Sole Proprietorship and its characteristics - Explained with Animated Examples
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What is Sole Proprietorship and its characteristics - Explained with Animated Examples
The business which is owned and managed by a single person is called as a sole proprietorship. In other words, it is a one-man army because the owner of this business is having overall control over all the activities. This type of business is having very less legal formalities as compared to other types of businesses (partnership,joint-stock ...
30.1K viewsDec 5, 2020
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