The business organization, in which a single person owns, manages and controls all the activities of the business, is known as a sole proprietorship business. They are playing a vast role to develop our economy and making easy our daily life. Here, in this report we have emphasized on the various attitudes of sole proprietorship. Different steps of sole proprietorship business to run the business are highlighting in this report .The Systematic way of this report gives us the chance to compare our academic knowledge with practical field. As a result we have selected some sole proprietorship business, which help us to acquire our practical knowledge on job levels in our professional life.

1. 1
Group Leader
Md. Shahinuzzaman
Roll No: 017
Reg. No: 01879
B.B.A. 6th
Batch
P.S.T.U.
Member
Md. Farhad
Roll No: 016
Reg. No: 01878
B.B.A. 6th
Batch
P.S.T.U.
Member
Md. Kabir Hossein
Roll No: 026
Reg. No: 01888
B.B.A. 6th
Batch
P.S.T.U.
Member
Badiuzzaman Soaib
Roll No: 043
Reg. No: 01909
B.B.A. 6th
Batch
P.S.T.U.
GROUP INTRODUCTON
Generation- 9
Member
Tuhin Sarker
Roll No: 014
Reg. No: 01876
B.B.A. 6th
Batch
P.S.T.U.
Member
Tusar Karmoker
Roll No: 07
Reg. No: 01869
B.B.A. 6th
Batch
P.S.T.U.
Member
S.M. Najmul Huda
Roll No: 053
Reg. No: 02120
B.B.A. 6th
Batch
P.S.T.U.
Assistant Group Leader
Kaustab Debnath Apu
Roll No: 042
Reg. No: 01908
B.B.A. 6th
Batch
P.S.T.U.
Member
Md. Abu Sayeed
Roll No: 013
Reg. No: 01875
B.B.A. 6th
Batch
P.S.T.U.

2. 2
July 12, 2009
To
Md. Zakir Hosen
Lecturer
Department of Accounting and Information Systems
Faculty of Business Administration & Management
Patuakhali Science and Technology University
Subject: Transmittal of the report on “Attitude towards sole proprietorship business”
Dear Sir
We are grateful to you that you have assigned us to submit the report “Attitude
towards sole proprietorship business” as a partial requirement of the course
“Introduction to business” (Course code- MST-111).
This report focuses on the “Attitude towards sole proprietorship business”. We
engaged our best effort to discuss elaborately the various factors, which are very
closely related with our topic.
We, therefore, would like to request you to accept our report. And at last, thank you
for assigning us the report. We sincerely hope this report will live up to your
expectation.
Sincerely yours
(Md. Shahinuzzaman)
Group Leader
On behalf of
(Generation-9)

3. 3
Table of Contents
Number Titles Page
No.
1 Group information 1
2 Letter of transmittal………………………….………………………………………… 2
3 Table of Contents ……………………………………………………………………. 3
4 Executive summary …………………………………………………………………... 4
5 Objectives of the report ……………………………………………................... 5
6 Limitation of the study………………………………………..……………………. 6
7 Methodology of the study…………………………………………………………... 7
8 Introduction …..…………………………………………….…………………….……. 8
9 Advantage and disadvantage of sole-proprietorship business at a
glance……………………………………..………………………………………………
9
10 Questionnaires ….…………………………………………………….... 10
11 Major findings of the study………………………………………………..………….. 11-19
12 Recommendations …………………………………………………………………….… 20
13 Conclusion …………………....……………………………………………………..…… 21
14 References………………………………………………………………………………… 22

4. 4
EXECUTIVE SUMMARY
The business organization, in which a single person owns, manages and controls all the activities
of the business, is known as a sole proprietorship business. They are playing a vast role to
develop our economy and making easy our daily life. Here, in this report we have emphasized on
the various attitudes of sole proprietorship. Different steps of sole proprietorship business to run
the business are highlighting in this report .The Systematic way of this report gives us the chance
to compare our academic knowledge with practical field. As a result we have selected some sole
proprietorship business, which help us to acquire our practical knowledge on job levels in our
professional life.

5. 5
OBJECTIVE OF THE REPORT:
With the advantages of business world as a student of BBA program, we should have to gather
more knowledge about our course in practically that will help us in our future life. Every study
has some certain objectives for which the study is made. A clear objective helps to prepare a
well-decorated term paper in which helps to take the correct decision. So identifying the
objectives is very much important. Our main purpose of the report is to know attitudes of sole-
proprietorship business surrounding in Barisal city. My objectives of preparing this report are:
¤ To know attitudes of sole-proprietorship business.
¤ To know about the entrepreneur.
¤ To know about accounting system of sole-proprietorship business
¤ To know the present condition of sole-proprietorship business surrounding in Barishal.
¤ To know the present problems and solutions of sole-proprietorship business.
¤ To enrich practical knowledge about it.

6. 6
LIMITATION OF THE STUDY
"To err is human". It is universal truth. No work in the world is complete without limitations.
Though we have tried our best to make this report in favor of our honorable concerned course
teacher, we have some limitations in preparing this report are as follows-:
¤ The scope of surveying shop was limited.
¤ Exact information may not be got from the survey.
¤ In some cases they are not willing enough to give information.
¤ There existed shortage of time because of the pressure of examination.
¤ They try to maintain their secrecy about their business.
¤ As we made the survey informally and without making the businessman pre inform. So
they had time consideration.
¤ Their given information did not match our questions properly.
¤ Lack of computer facilities.
¤ Lacking of experience.

7. 7
METHODOLOGY
Without proper methods doing a partial job is very difficult to do. As we tried to make a rational
report following the proper methods to finish our job with successfully. Every study is done on
the basis of primary data and secondary data. Our presented report is related with primary data
because for making this report we have familiar with field survey. Mainly, we have tried to make
this report by following the information we have collected through field survey.
Some specific preparation has been taken by us to prepare this report. At first we have planned
about the overall study. After that, an effective questionnaire we designed to collect likely data
from the target of our group. Then we have collected data from all the given organizations. Then
we have analyzed these data by group working. After that we have tried to make a report on
present situation of those organizations. Here the process is given below:
Being assigned with the term paper
Making a questionnaire
Going to the real field
Collecting & analyzing the data
Preparing the final report
Submitting the report to the proper authority.

8. 8
Figure: The Reporting Process
INTRODUCTION
Sole proprietorship is called a business owned and managed by one individual. It is
the oldest and most common form of private business ownership. Typically the
sole proprietor owns a small service, such as a roadside produce stand, hardware
store, bakery, restaurant etc. The sole owner, often aided by one or two employees,
operates a small shop that frequently caters to a group of regular customers. The
capital (money) is normally provided by the owner through personal wealth. The
sole proprietor is usually an active manager, working in the shop every day. He
controls the operations, supervises the employees, and makes the decisions. Some
typical disadvantages are associated with sole proprietorship business. Yet this
type of business is prevailing at every nook and corner of the world. More than
85% business is sole proprietorship business in our country.

9. 9
.
Advantages & Disadvantages of Sole proprietorship
business at a glance
Advantages:
Ease of formation
Owner receives all profits
Freedom & flexibility in decision making
Personal satisfaction
Easy to dissolve
Tax advantages
Disadvantages:
Unlimited liability
Limited funds for expansion
Lack of business & management skills
Difficulty in attracting employees
Limited life; Business lacks continuity

10. 10
Major findings of the study

11. 11
Questionnaires:
Questionnaires are very useful part for making a report. Single set of questionnaire was used to
collect information for study. Every attempt was made to make the questionnaire all-inclusive
and all possible answers were given in the questionnaire.
In section number 1at this section provides information about proprietors. At this section
mention different types of question about only proprietors e.g., name of the proprietors,
educational level of proprietors, background of study, origin of the organization, value added tax
and also asked a question e.g.
In section 2 at this section provide information about enterprise. At this section asked different
types of questions to proprietors about their enterprise such as nature of business, trade license,
sources of capital, collecting place, working year of the business, and last on is number of
employees.
In section 3 is related to activities of the business man. At 3.1asked different types of general
questions which is related for their business such as have any risk, types risk, taken step to
reduce risk, insurance, their responsibility towards our society.
At stage 3.2 asked questions about their products, collection medium, demand of their products,
advertisement, taken step to increase customer.
At stage 3.3 asked question about their sales record, purchase record, inventory record, expense
record, etc.
At stage 3.4 asked different types of questions about their financial report, transaction amount
with bank, amount of borrowing loan
In section 4 at this section provide information about the thinking of proprietor to the present
market and economics condition. This section contains seven questions such affects of economic
crisis in our country, Government responsibility, contribution of sole proprietorship, necessity of
smartness for doing business, competition, etc

12. 12
SECTION 1: INFORMATION ABOUT PROPRIETOR
Name of the
businessman
Name of
the
business
Education
qualification
Background
of
education
Origin
of
business
Source
of
capital
Inspirer Starting
capital
Tax
Sahanur
rahman suvo
Suvo
travel
Hons. Commerce Self
started
Loan Friends 1.5 lakh Yes
Rafique alam
azad
Sargical
and
scientific
store
Hons. Science Both
inherited
and self
Inherited Family 25
thousands
Yes
Kajal sarker Lovely
jewelers
S.S.C. Arts Inherited Inherited Family More than
10 lakh
Yes
Munir ahsan Ahsan
electronics
Hons. Arts Self
started
Loan Own self More than
1 lakh
Yes
MD. Sawkat
akbar
New
popular
watch and
optics
Hons. Commerce Inherited Loan Family Below 1
lakh
Yes
A.S.M Raffee Mobile
galary
Hons. Commerce Self
started
Inherited Own self 2 lakh Yes
Mahbubur
rahman
Mahbub
library
Hons. Commerce Inherited Inherited Family Below 1
lakh
No
MD. Kamal
talukdar
MRS.
Kamal
Beez
vander
Below S.S.C. Commerce Inherited Both
inherited
and loan
Family More than
1 lakh
No
MD. Ishak
molla
Molla
pharmacy
S.S.C. Arts Self
started
Own
capital
Own self Below 1
lakh
No
MD. Salim Oli
enterprise
Hons. Science Self
started
Own
capital
Own self More than
1 lakh
Yes
Figure: Survey Report about Entrepreneur
All the above information is collected by our group members who provide only proprietors.
While collecting data the owner say that they are very much conscious about their business. Most
of them marginal educated and are commerce background. Some businesses are inherited and
some are self started. Capital source of the businessman is own property and loan. Most of them
are inspired by family & own self. They have capital 25000 from 1000000+. 70% proprietor
pays their taxes. We can say it is okay information for sole proprietors.

13. 13
Section 2: information about enterprise
Name of the
businessman
Name of
the
business
Types of
products
Collecting
goods
Transportation Employee Running
year
Present
capital
Trade
license
Sohanur
rahman suvo
Suvo
travel
Bag, Belt,
Sutcase etc
Dhaka water 3
employees
More
than 10
years
More
than 5
lakh
Yes
Rafique alam
azad
Sargical
and
scientific
store
Sargical
instruments
Dhaka Land and
water
2
employees
More
than 30
years
More
than 5
lakh
Yes
Kajol sarker Lovely
jewelers
Jewelry Local and
foreign
Land 2
employees
More
than 20
years
More
than 18
lakh
Yes
Munir ahsan Ahsan
electronics
Electronics Dhaka water None More
than 1
years
2 lakh Yes
MD. Sawkat
akbar
New
popular
watch and
optics
Watch and
optics
Dhaka Land and
water
2
employees
More
than 20
years
2 lakh Yes
A.S.M Raffee Mobile
galary
Mobile Dhaka Land 2
employees
More
than 6
years
More
than 10
lakh
Yes
Mahbubur
rahman
Mahbub
library
Books Local Land None More
than 25
years
More
than 1
lakh
Yes
MD. Kamal
talukdar
MRS.
Kamal
Beez
vander
Seeds Both
Dhaka
and local
Land and
water
None More
than 3
years
2 lakh Yes
MD. Ishak
molla
Molla
pharmacy
Medicine Local Land None 9 years 1 lakh Yes
MD. Salim Oli
enterprise
Constructive Both
Dhaka
and local
Land and
water
None More
than 15
years
More
than 3
lakh
Yes
Figure: Survey Information about Enterprise
A sole-proprietorship business or enterprise have some separate models or activities those are
separate than other business. They sell various type of product. They collect their goods from
Dhaka mainly. Some collect their goods from local areas. Some businessman has 2-3 assistant.
Some have none. They run their business about 1-30+ years. They all have good amount of
present capital. Their present capital is 1-18lakh. All sole proprietors have trade license.

14. 14
Section 3: Activities of the proprietor
(3.1)General:
Figure: Survey Information about General activities of the proprietor
From this table we can assume that….
Some general activities of sole proprietors contain in the table. Most of them have
much availability of risk. Some have taken step to reduce risk. Some don’t any step
to reduce it. It is a surprising news that 90% businessman have no insurance. But
they show their social responsibilities to the society.
Name of the
businessman
Business
organization
Availability of
risk
Step to reduce
risk
Insurance Responsibilities
to society
Sohanur
Rahman Suvo
Suvo Travel Yes No No Yes
Rafique Alam
Azad
Surgical &
scientific stores
Yes Yes No Yes
Kajol Sarker Lovely Jewelers Yes Yes No Yes
Munir Ahsan Ahsan electric Yes No No Yes
MD. Shakwat
Akbar
New popular
watch & optics
No Yes Yes Yes
A.S.M Raffee Mobile gallery No No No Yes
Mahbubur
Rahaman
Mahbub Library Yes No No Yes
MD. Kamal
Talukder
MRS. Kamal Beez
Vander
Yes No No Yes
MD. Ishaque
Molla
Molla pharmacy Yes Yes No Yes
MD. Selim Oli Enterprise Yes No No Yes

15. 15
(3.2)Products:
Figure: Survey Information about Products
From above table we see that-Most of their products are single commodity and most of them
collect their products from the whole seller. Some of them collect their products from distributor.
About 90% have no vehicles. Most of their demand of products is high. Above 90% do not
spend money for advertising their products. About 50% take step to increase the customers.
Name of the
business
man
Business
organization
Kinds of
product
Collection
of product
Vehicle
s
Deman
d of
product
Advertis
ement
Step to
increase
custome
r
Sohanur
Rahaman
Suvo
Suvo
Travel
Verities Whole
seller
No High No Yes
Rafique
Alam Azad
Surgical &
scientific
stores
scientific Whole
seller
No High No Yes
Kajol Sarker Lovely
Jewelers
Single
commodity
Whole
seller
No Low No No
Munir
Ahsan
Ahsan
electric
electric Whole
seller
No Mediu
m
No Yes
MD.
Shakwat
Akbar
New
popular
watch &
optics
Verities Whole
seller
No Mediu
m
No Yes
A.S.M Raffee Mobile
gallery
Mobile Distributor No High No No
Mahbubur
Rahaman
Mahbub
Library
Single
commodity
Others No High No Yes
MD. Kamal
Talukder
MRS.
Kamal
Beez
Vander
Single
commodity
Distributor No Mediu
m
No No
MD.
Ishaque
Molla
Molla
pharmacy
Single
commodity
Distributor No Mediu
m
No No
MD. Selim Oli
Enterprise
Single
commodity
Whole
seller
No Low No Yes

16. 16
(3.3)Account record:
Name of
the
business
man
Business
organization
Purchase
record
Inventory
record
Sells
recor
d
Maintain
Expense
record
Way of
keeping
record
Necessary
payment
&receipt
Keep
Expense
record
Sohanur
Rahaman
Suvo
Suvo Travel Yes Yes Yes Yes Formal Yes Yes
Rafique
Alam Azad
Surgical &
scientific
stores
Yes Yes Yes Yes Formal Yes Yes
Kajol
Sarker
Lovely
Jewelers
Yes Yes Yes Yes Formal Yes Yes
Munir
Ahsan
Ahsan
electric
Yes Yes Yes Yes Informal Yes Yes
MD.
Shakwat
Akbar
New popular
watch &
optics
Yes Yes Yes Yes Informal No Yes
A.S.M
Raffee
Mobile
gallery
Yes Yes Yes Yes Formal Yes Yes
Mahbubur
Rahaman
Mahbub
Library
Yes Yes Yes Yes Informal No Yes
MD. Kamal
Talukder
MRS. Kamal
Beez Vander
Yes Yes Yes Yes Informal Yes Yes
MD.
Ishaque
Molla
Molla
pharmacy
Yes Yes Yes Yes Informal Yes Yes
MD. Selim Oli
Enterprise
Yes Yes Yes Yes Formal Yes Yes
Figure: Survey Information about Accounts Record
At the ending survey of this section we want to talk about hear most of the sole proprietorship
keep their purchase record formally and above 90% keep their inventory record, sales record &
expense record officially. About 50% keep their way of record informally. About70%
proprietorship disburses their necessary payment.

17. 17
(3.4) Financial & Banking statement:
Figure: Survey Information about Financial & Banking Statement
Analyzing this section we find that….
More than 70% sole proprietorship keep their financial report formally & transaction with bank.
About90% sole proprietorship has no comments about the amount of money of bank but all they
have a bank account. About 60% people have no comments about bank loan & 40% have above
the amount of 1, 00,000/=.
Name of the
businessman
Business
organization
Financial
report
Transaction
with bank
Amount of
money in
bank
Bank
account
Amount of
loan
Sohanur
Rahaman
Suvo
Suvo Travel Yes Yes No
comments
Yes No
comments
Rafique
Alam Azad
Surgical &
scientific
stores
Yes Yes No
comments
Yes 100000+
Kajol Sarker Lovely
Jewelers
Yes Yes No
comments
Yes No
comments
Munir Ahsan Ahsan
electric
Yes Yes No
comments
Yes No
comments
MD. Shakwat
Akbar
New
popular
watch &
optics
Yes Yes No
comments
Yes No
comments
A.S.M Raffee Mobile
gallery
Yes Yes No
comments
Yes 250000
Mahbubur
Rahaman
Mahbub
Library
No No No
comments
Yes No
comments
MD. Kamal
Talukder
MRS. Kamal
Beez Vander
No Yes 100000-
200000
Yes 50000-
100000
MD. Ishaque
Molla
Molla
pharmacy
Yes Yes No
comments
Yes No
comments
MD. Selim Oli
Enterprise
No No 100000-
200000
Yes 50000-
100000

18. 18
Section4: INFORMATION ABOUT THE PROPRIETORS
THINKING
STATEMENT 1:- Here we asked them about affects of economic crisis in our
country. Most of them commend yes, our country is affecting slowly. One of them
Kajol Sarker proprietor of LOVELY ZUELERS said that for the affects of
economic crisis his per day sells fall from 10000 to 3000 and also said that the
affects of it is vast in jewelry business.
STATEMENT 2:-Asking question of this statement is how our economy should
be? In answering this question maximum answered that no commends
because they have no experience about it and proprietor of SUVO TRAVEL said
that it should be free from political control and corruption also in a systematic way.
STATEMENT 3:- In this statement we asked about what types of facilities
Government should provide to increase this type of business? They answered a
general commends that make tax free and easy way of licensing and give interest
free loan. New popular watch & optics and MAHBUB LIBRARY said that proper
supply of products and Ahsan electric said that it should proper current
supply, legal rule modern transportation system.
STATEMENT 4:- we asked in this statement why Government should give
more emphasis on this business? They answered that development of country
may be the first step of Government. Sole proprietorship is the best way to it.
MD. Ishaque molla proprietor of MOLLA PHARMACY said it can be the best way
to remove it.
STATEMENT 5:- This statement contains what is the contribution of sole
proprietorship business on our economy? They told it is one of way to remove
unemployment and generate income. In our country 85% business is sole
proprietorship business. Sahanur Rahman Suvo owner of the SUVO TRAVEL
said for income generation it is the best type of business.
STATEMENT 6:-In this statement we asked what type of step should
Government lunch to control inflation? Most of them answered Government

19. 19
should take step to control over market, syndicate and generate national
income.
STATEMENT 7:- Our asking questions were you believed this business has big
contribution to reduce unemployment? In this statement maximum of them
comments yes.
STATEMENT 8:- Our asking questions were about the smartness of a
proprietor in sole proprietorship business. They answered yes, it is very
important for sole proprietorship business to attract customer.
STATEMENT 9:- Competition is everywhere in the world. Sole proprietor
business is not out of this sense, most of them answered high competition for
sole proprietorship is less than the ratio to consumer and variation among
capital high and low.

20. 20
RECOMMENDATIONS:
For completing this report on “Attitude towards sole-proprietorship business” we can
recommend the following implications-
Our Government should show flexible attitude towards sole proprietorship for making
suitable environment to do this single proprietorship business. Such as diminish of
income tax.
All financial institution should give offer to enhance their business sphere with
successfully. Such as interest free loan, unlimited amount of loan, make easy way to take
loan, etc.
They should sphere their knowledge about modern business world to run the business.
They should more conscious and take suitable plan to run the business.

21. 21
CONCLUSION:
Besides some problems the sole proprietor provides our daily necessities in our
door successfully. Our Government and society have some responsibilities to
enrich their skill. Through forming and running this type of business the sole
proprietor can be formed a large business organization. If any country makes
suitable environment for doing this business it can be a great contributor for that
country. We have operated our study on their organization to know how they
maintain their business and we say that our motto is completely success as we
hope. We prepare our report as a man can get enough idea about the sole
proprietorship organization by reading our report.

22. 22
REFERENCES:
Information given by the sole proprietors’ owner in Barisal.
Term paper format given our course teacher Zakir Hosen sir.
Introduction to business, Md. Nazim Uddin Bhuiyan
Introduction to business, Straub/Attner, new edition.
Introduction to business,1st
part, H.S.C. Md. Khalekuzzaman,
Introduction to business, Skinner and Ivancevich
Previous report

23. 23
Mark Distribution chart
Roll
No.
Name Reg.
No.
017 Md. Shahinuzzaman 01879
042 Kaustav Debnath Apu 0I908
053 S. M. Najmul Huda 02120
026 Md. Kabir Hossein 01888
016 Md. Forhad 01878
013 Abu Sayeed 01875
07 Tusar Karmoker 01869
014 Tuhin Sarker 01876
043 Badiuzzaman Shoaib 01909

24. 24