One of the major problems of a sole proprietor is sourcing for
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option A
Explanation:
A sole proprietor depends mainly on personal savings and other limited sources of finance. Since the business has only one owner, raising sufficient funds for expansion and daily operations can be difficult.
A sole proprietor depends mainly on personal savings and other limited sources of finance. Since the business has only one owner, raising sufficient funds for expansion and daily operations can be difficult.