Highlight the circumstances under which the Sole Proprietorship may be ideal.

      

Highlight the circumstances under which the Sole Proprietorship may be ideal.

  

Answers


sharon
1. When customers show preference to specialized services
2. Where small capital is required to start up a business
3. Where returns are low and may not warrantee existence of a large business.
4. Where the market experiences frequent demand changes
5. Where locations are remote and the population may be small.
sharon kalunda answered the question on March 2, 2019 at 09:27


Next: What is a Liability?
Previous: State ways in which a partnership may be formed.

View More Introduction to Entrepreneurship Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions