The sole proprietorship is the simplest business form under which one can operate a business.

1. INTRODUCTION TO
BUSINESS
Submitted By : Ainoon Nahar Shoheli
Department Of BBA, Pundra University Science &
Technology.
Batch : 9th,
Roll: 21

2. SOLE PROPRIETORSHIP
The sole proprietorship is the simplest business form under which one can
operate a business. The sole proprietorship is not a legal entity. It simply refers
to a person who owns the business and is personally responsible for its debts.

3.  Ease and low cost of formation
 Owner’s rights to all profits
 Owner’s absolute control of the business
 Relative freedom from government regulation *Absence of special taxes
 Ease of dissolution
ADVANTAGES

4. DISADVANTAGES
 Unlimited liability of the owner for debts
 Difficulty in raising capital
 Limited managerial expertise
 Large personal time commitment
 Unstable business life
 Difficulty in attracting qualified employees
 Owner’s personal absorption of all losses

5. THANK YOU