Sole Proprietorship

2. Lack of ________ is one of the major reasons why these businesses remain small and don't grow.
4. the sole proprietor has direct ________ to run the business and make decisions based on it.
5. The owner receives all the business _______ which become a direct reward for his risk bearing.
6. _______ and other institutions may hesitateto extend long term loans to a sole proprietor.
9. Lack of ________ is when the business might end due to the death of owner.
11. Sole proprietors have ________ liability.
12. proprietor the only owner of a business
13. Sole proprietorship is the least _______ form of business.

1. one of the advantages of this type of business is ______ decision making.
3. Sole proprietors suffer from various __________.
7. a sole proprietor is not bound by law to publish firm's _______.
8. a business unit where a person is solely responsible for providing the capital, bearing the risk, and for the management of the business.
10. sole proprietorship is _______(less/more) expensive to start and end.