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02-04-2018
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Which of the following is a disadvantage of owning a sole proprietorship?

You have to follow more government regulations than other businesses.

You must get your cityâ€™s permission to close your business.

You can lose all your personal property if your business fails.

You cannot sell your business to anyone without a permit to do so.

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tyiz0494 tyiz0494

11-04-2018

The disadvantage of sole proprietorship is that you can lose all your personal property if your business fail. Your small business in the form of sole proprietorship is personally liable for all debts and actions of the company.

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