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What are the advantages and disadvantages of a sole proprietorship?

User Jasonmw
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Answer:

Sole proprietorships have several advantages over other business entities. They are easy to form, and the owners enjoy sole control of the business profits. However, they also have disadvantages, the biggest of which being that the owner is personally liable for all business losses and liabilities.

Step-by-step explanation:

User Waxim Corp
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