Sole Propiertorship

Sole Propiertorship

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  • Hey, what'd you want to talk about?
  • I've been thinking about starting my own business, and wanted to get advice
  • So basically, you want to first decide if you want a sole proprietorship and monopolistic competition.
  • Huh? What's that?
  • Well, sole proprietorship is when your business is owned buy just you. This means you get all the profit, but with great profit comes great responsibility. Remember that.
  • On the other hand, you have monomolistic competition. With this, many people have ownership of your business. This makes it easier to start up your business sense more people are financially supporting the cause.
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