The Sole proprietor as a Legal Entity
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- เผยแพร่เมื่อ 16 ก.ย. 2024
- thelawtoknow.c...
Sole proprietorships are the simplest form of business entity, owned and operated by a single individual. They offer ease of formation, minimal regulatory requirements, and direct control over decision-making. Sole proprietorships are ideal for small-scale businesses with low risk and minimal capital investment. However, sole proprietors bear unlimited personal liability for business debts and obligations, making them vulnerable to financial risks.
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