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One of the disadvantages of a sole proprietorship is A high start up costs B danger to your personal assets C lack of control for you D large claims on profits
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3 votes
One of the disadvantages of a sole proprietorship is

A high start up costs
B danger to your personal assets
C lack of control for you
D large claims on profits

User MJZ
by
7.6k points

2 Answers

5 votes
B danger to your personal assets
User John Reid
by
7.2k points
2 votes

Danger to your personal assets. Anything you own (home, investments, etc) would be at risk in a lawsuit under the 'Sole Proprietorship' structure.

User Dima Gimburg
by
7.2k points
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