Understanding Sole Proprietorship in Nigeria

Spread the love

This content material was initially created by MakeMoney.ng

A Sole Proprietorship business typically known as a “one-man business” is a kind of business that’s began and run by one particular person with the only motive of serving to fulfill a necessity and making a revenue. This particular person is the only financier, controller, and supervisor of the business. He takes all the selections and enjoys the advantages. But the particular person bears all the danger alone as a result of a Sole proprietorship business shouldn’t be a authorized particular person. The firm can’t sue or be sued in its title as a result of it isn’t distinct from the proprietor. Its sources of funds are

The put up Understanding Sole Proprietorship in Nigeria appeared first on MakeMoney.ng.

Durodola Bolaji

A network marketer, entrepreneur and investor, I am happily married with kids. I reside in Ibadan and run a company in Northern side of Nigeria. I am currently earning passive income working from the comfort of my home using the Internet, email, and the telephone with an incredible sense of security and peace of mind. I've been earning a full-time income from home online since 2014, mostly within the network marketing and direct sales industry, and in recent years.

Leave a Reply