Mohammed Asrar

Limited Capital:The owner alone provides the capital, making it hard to raise large funds for business growth or expansion.

Lack of Continuity:The business depends entirely on the owner; it may close if the owner decides to stop or passes away.

Limited Size:A single person cannot efficiently manage or supervise a very large business.

Lack of Managerial Expertise:The owner may not have skills in all areas of management, such as marketing, finance, or planning.

Dependence on One Person:Success or failure depends on the ability and decisions of one individual.