Final answer:
The disadvantages of a sole proprietorship include personal liability, difficulty raising money, and a more complicated tax structure.
Explanation:
The disadvantages of a sole proprietorship include:
- Personal liability: Owner may lose personal assets in case of bankruptcy.
- Difficulty raising money: Challenging to gather funds for business operations.
- More complicated tax structure: Taxes and obligations entirely fall on the owner.
Learn more about Disadvantages of sole proprietorship here:
https://brainly.com/question/15733528