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Author Question: Which of the following is typically the major factor in limiting the growth of a sole proprietorship? (Read 82 times)

james0929

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Which of the following is typically the major factor in limiting the growth of a sole proprietorship?
◦ The organization of such firms tends to become extremely complicated over time.
◦ Investors have a great deal of control over the day-to-day running of the firm, leading to confusion when conflicts in direction arise.
◦ It is extremely difficult to transfer control of such a firm to a new owner if the present owner dies or wishes to sell the firm.
◦ The amount of money that can be raised by the firm is limited by the fact that the single owner must make good on all debts.


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Marked as best answer by james0929 on Jul 9, 2019

fur

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james0929

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Reply 2 on: Jul 9, 2019
YES! Correct, THANKS for helping me on my review


Viet Thy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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