Question

What are the primary advantages to choosing a sole proprietorship?.

Answer 1

The main advantages would be that you would make all the decisions for your business or company if you were a sole proprietor. Along with that you could avoid the negative of being in a partnership or corporation. Also, all the major gains of the business go to you and there would be no legal distinction between you and the company.

Step-by-step explanation:

Answer 2

Step-by-step explanation:

Sole Proprietorship Advantages

They're Easier to Establish. Business ownership is easiest and simplest under a sole proprietorship. ...

Fewer Requirements for Business Taxes. ...

Complete Control as The Business Owner. ...

Less Registration Fees Compared to Corporations. ...

Easier Banking Set Up and Operations.