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What is a disadvantage of a sole proprietorship?

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Answer:

Explained below:

Step-by-step explanation:

The following are the disadvantages of a sole proprietorship:-

1. In a sole proprietorship, there is no separation between business assets and personal assets.

2. When the owner dies, the business also ends as well unless the owner made a prudent estate plan which allowed the business to continue.

3. A sole proprietorship has no shareholders and cannot sell ownership in the company without changing its business structure. etc

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