One of the strengths of the sole proprietorship is its ability to sustain rapid growth by raising large amounts of financial resources.

Question

Quizplus · Accepted Answer

Sole proprietorships have limited options for raising financial resources, as they are typically limited to using personal funds or obtaining loans from banks or other lenders. They may also be able to raise some capital through investments from family and friends, but they generally do not have the ability to attract large amounts of investment from external sources.

One of the Strengths of the Sole Proprietorship Is Its