Why is a sole proprietorship called the business world ? Explain ?

1 Answer

Answer :

Answer : The sole proprietorship organization is called the patron saint of the business world. In ancient times the system of production was family oriented. The family members used to produce in unison and the monopoly business was started by exchanging surplus products. The journey of sole proprietorship begins when people master the concept of business. As it is the oldest business organization in the world, it is called the mentor of the business world.

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