Business Disadvantages – NBC Institute

BCL – Nov 2019 – L1 – Q2b – Alternative forms and constitutions of business organisations

Advantages and disadvantages of forming a sole proprietorship.

Question

It appears that many Ghanaians prefer to own their businesses without going through the cumbersome details of forming an incorporated company limited by shares.

Required:
State TWO (2) advantages and TWO (2) disadvantages of forming sole proprietorship. (4 marks)

Answer

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Tags: Business Advantages, Business Disadvantages, Business Formation, Sole Proprietorship
Level: Level 1

Topic: Alternative forms and constitutions of business organisations
Series: NOV 2019

Question Tag: Business Disadvantages

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BCL – Nov 2019 – L1 – Q2b – Alternative forms and constitutions of business organisations

Advantages and disadvantages of forming a sole proprietorship.

BCL – Nov 2019 – L1 – Q2b – Alternative forms and constitutions of business organisations

Advantages and disadvantages of forming a sole proprietorship.

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BCL – Nov 2019 – L1 – Q2b – Alternative forms and constitutions of business organisations

Advantages and disadvantages of forming a sole proprietorship.

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BCL – Nov 2019 – L1 – Q2b – Alternative forms and constitutions of business organisations

Advantages and disadvantages of forming a sole proprietorship.

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