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What are the four characteristics of a sole proprietorship?

What are the four characteristics of a sole proprietorship?

What are the four characteristics of a sole proprietorship?

The four characteristics of a sole proprietorship are as follows

  1. All profits and losses due to his business are borne by himself
  2. The owner of the business entity is an individual
  3. Established with capital and own ability
  4. Business travel depends on individual discretion

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