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Business strategy
Dangers of a sole proprietor business.
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[QUOTE="TOZZIBLINKZ, post: 289658, member: 37528"] In some areas of West Africa's you are more likely to come across so proprietorship businesses in all nooks and locations of the region. Small-scale businesses are mostly owned by sole proprietors who manage business is all by themselves without the help of outsiders. There are a whole lot of benefits and Gain in which a sole proprietor stands to gain or benefits when he or she establishes a business with the right criteria and on the write formula. For example a sole proprietor enjoys all the business profit and also enjoys all the business reputation as well as good incentives. But above this advantage there are also disadvantages to the establishment of sole proprietorship Businesses. Some of these disadvantages and demerits include the fact that the individual who is the sole proprietor bears the business losses and all the business liability. He or she is more likely to be stressed out especially during a day when the business encounters numerous amount of clients and customers. [/QUOTE]
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Dangers of a sole proprietor business.
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