Sole Proprietorship Presented by Abid Mahmud Sourav Dept. Of Business Administration ID # 113-11-2280
Topi c• What is Sole Propiretorship ?• Some examples .• Why Sole Propiretorship is the most popular form of business in ownership ?• Conclution .
What is Sole Propiretorship ? Sole Proprietorship is a business owned and managed by one individual. In which business there is only one founder, little capitle, little profite, and directed by only one person ( the founder ) is Sole
Some Examples• Small service or retail shop• Bakery• Restaurent• Roadside produce stand• A small tea stall• Street hawker
Why is the Sole Proprietorship the most popular form of business ownership?Ease of startingControlSole perticipation in profits and lossesUse of owner’s abilitiesTax breaksSecrecyEase of dissolving
Conclusion Sole propiretorship is a business for theperson who has little amount of capital,some exparience, and selfe confidance.So my advice for those person whohave thise quality and capability to dothis business and make them selfeDependent.