MANAGEMENT

Detailed explanation-1: -It is recommended that once 10 or more employees are hired and the business has grown, to change it from proprietorship to partnership firm. A family member can be registered as the partner if one does not have an actual business partner.

Detailed explanation-2: -Employment: Sole proprietorship can hire employees. This can lead to many of the benefits associated with job creation, such as tax breaks. Also, spouses of the business owner can be employed without having to be formally declared as an employee.

Detailed explanation-3: -A sole proprietor can hire employees. There is no limit to the number of workers you can employ. As an employer, you are responsible for all employment administration, recordkeeping, and taxes. You have the same responsibilities as any other employer.

Detailed explanation-4: -Sole proprietors can and do employ people. Many start with family members, but hiring people, whether the person is a relative or not, adds another layer of complexity to business management. Sole proprietors will need to pay their employees, file and remit payroll taxes, and comply with employment regulations.