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What are the advantages of a sole proprietorship?

User Fateddy
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2 Answers

6 votes

Answer:

It is the least regulated form of business organization.

Step-by-step explanation:

User VPeric
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Sole proprietorship-is a unincorporated business with one owner who pays personal income tax and profits from the business
Some advantages are:
A sole proprietorship has complete control and can make there own decisions.
No corporate tax payments
Few formal business requirments
User Trenton Trama
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