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One Of The Major Problems Of A Sole Proprietor Is Sourcing For? - Erudites Academy
Commerce JAMB

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

A. Funds
B. Labour
C. Raw materials
D. Machinery

Correct Answer:

Option A – Funds

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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