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Topic Content:
- Definition of Sole Proprietorship
- Advantages of Sole Proprietorship
- Disadvantages of Sole Proprietorship
What is Sole Proprietorship?
A sole proprietorship is a form of business organisation , that is owned, organised, and controlled by one person for the purpose of making a profit.
It is also known as a sole trade or one-man business. It is the oldest and most common form of business organisation.
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