Sole Proprietorship

Flashcards are over sole proprietorship's

20 cards   |   Total Attempts: 182
  

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Businesses owned by one person?
Sole Proprietorship
More than ___ of U.S. businesses are sole proprietorship's.
2/3
In a sole proprietorship, the owner makes all what?
Decisions
In a sole proprietorship, the owner receives all what?
Profits
What does it not take a lot of to start a sole proprietorship?
Money
In a sole proprietorship, the owner has full ____ over every activity.
Control
In a sole proprietorship, you can maintain a good ____ within the business.
Secrecy
In a sole proprietorship, ____ is limited to what an owner can supply or borrow.
Capital
In a sole proprietorship, the owner has ultimate what?
Liability
The owner in a sole proprietorship ___ for everything.
Pays
In a sole proprietorship, the owner has ____ capital.
Limited
Banks generally don't lend ___ to sole proprietorship's.
Money
In a sole proprietorship, what may be taken if the owner fails to pay expenses?
Property
Business operation, in a sole proprietorship, is ____.
Uncertain
Sole proprietorship's are ___ to start.
Easy