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One of the major problems of a sole proprietor is sourcing for

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
  • A Funds
  • B Labour
  • C Raw materials
  • D Machineries
Correct Answer: Option A
Explanation:
sole proprietorship is solely financed by the owner and money from family and friends and most times it’s difficult to raise funds
The main disadvantages to being a sole proprietorship is raising of funds

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