Question

Ram is a Sole Proprietorship who wants to expand his business. He should appoint a ______.

Options

• Manager

• Partner

• Form a Company

Answer 1

Ram is a Sole Proprietorship who wants to expand his business. He should appoint a manager.

Explanation:

A sole proprietorship is a type of business where one person runs and controls the whole thing. If the owner wants to grow the business while still keeping full control, hiring a manager to help run things is the best thing to do.

• If he doesn’t change the business to a partnership, he can't add a partner.
• In the long run, he might start a business, but for now, the question seems to be about how to grow as a sole owner.
• So, the next most important and urgent step is to hire a manager.