If the firm is organized as a sole proprietorship, the proprietor's personal assets are separable from those of the firm because the firm is a separate legal entity.
Because a sole proprietorship is a separate legal entity, investors who wish to limit possible losses connected with a particular venture may create a sole proprietorship and transfer such risks to it.
This is a visual tool used to consider alternatives of the risk management tool set.It forms a grid of frequency and severity intersection points of each identified and measured risk.Identify the topic of discussion.