The following are advantages of sole proprietorship excep...
The following are advantages of sole proprietorship except
Quick and easy decision-making
Keeping its business affairs private
Assurance of raising huge capital for expansion
High level of commitment
Correct answer is C
A sole proprietorship business does not have an assurance of raising huge capital for expansion, as a matter of fact, they rely on grants and loans from friends and family, plough back profit and personal savings for expansion.
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