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Message: <blockquote data-quote="Reebat" data-source="post: 22308121" data-attributes="member: 563014"><p><span style="font-size: 15px"><span style="color: Red">Disadvantages of  Sole Proprietorship</span></span></p><p><span style="font-size: 15px">Capital is provided by a single person who is the owner (It will be a risk)</span></p><p><span style="font-size: 15px">losses to be born alone</span></p><p><span style="font-size: 15px">Unlimited liability of the owner</span></p><p><span style="font-size: 15px">No legal personality</span></p><p><span style="font-size: 15px">No continued existence </span></p><p></p><p><span style="color: red"><span style="font-size: 15px">Disadvantages of  Partnership</span></span></p><p><span style="font-size: 15px">Unlimited liability of partners</span></p><p><span style="font-size: 15px">No separate legal identity</span></p><p><span style="font-size: 15px">Profit shared among partners</span></p><p><span style="font-size: 15px">Conflicts among partners</span></p><p></p><p><span style="color: red"><span style="font-size: 15px">Advantages of Private Limited</span></span></p><p><span style="font-size: 15px">Limited liability</span></p><p><span style="font-size: 15px">Managed by a Board of Directors</span></p><p><span style="font-size: 15px">losses to be born directors</span></p><p><span style="font-size: 15px">Can raise more capital</span></p><p><span style="font-size: 15px">Receiving legal personality</span></p><p><span style="font-size: 15px">Continued existence</span></p></blockquote><p></p>

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