5 Disadvantage of sole proprietorship?

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asked Jul 28, 2021 105k views

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Tordanik · Answer 1 · 2021-08-03T16:43:03+0000

you are personally liable for all debts of the company, you can’t use business write offs, it’s harder to get a business loan, self employment taxes, raising capital is difficult, business continuity dies with its owner.

5 Disadvantage of sole proprietorship?

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