Most common form of business Owned and run by one person Almost no requirements Ease of start up Ease of management Owner enjoys profits No separate taxes Psychological satisfaction…
Chapter 3 Business Organizations Sole Proprietorships A business owned and run by one person Most common type of bus. org. Generate least amount of profit (income) compared…
Most common form of business Owned and run by one person Almost no requirements Ease of start up Ease of management Owner enjoys profits No separate taxes Psychological satisfaction…