Sole proprietor-form of business organization


Problem:

Ewa, the owner of Finest Enterprises, is a sole proprietor. What are the chief characteristics, advantages, and disadvantages of this form of business organization? Ewa wants to obtain additional capital to expand Finest, but she does not want to lose control of the firm. As a sole proprietor, what is her best option to attain these goals?

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Finance Basics: Sole proprietor-form of business organization
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