One of the disadvantages of a sole proprietorship is?
http://smallbusiness.chron.com/disadvantages-sole-proprietorship-business-376.html
One of the main disadvantages of a sole proprietorship is the lack of limited liability. In this business structure, the owner and the business are considered the same legal entity. As a result, the owner is personally liable for all the business's debts and legal obligations. This means that if the business fails or incurs significant liabilities, the owner's personal assets, such as their home or savings, may be at risk.
To understand more about the disadvantages of a sole proprietorship, you can research and explore several sources. You can start by conducting an internet search using keywords such as "disadvantages of sole proprietorship," "sole proprietorship drawbacks," or similar phrases. This will provide you with a multitude of articles and resources that detail the various downsides of this business structure. Additionally, you may find valuable information from business textbooks, credible business websites, or even consulting with professionals who specialize in business law or accounting.