Respuesta :

There are several types of advantage as well as disadvantage s

Advantage:  

  • It is very simple to organize, it can easily upgrade
  • The process of tax filing is simple
  • There is no doubt in taxation
  • The complete control is in hand of one person

Disadvantage:

  • There is unlimited liability in one person
  • There is 15.3% self-employment tax must be paid by owner on his earning  
  • Funding comes from only personal savings