KemberlyPenepent
KemberlyPenepent KemberlyPenepent
  • 04-06-2015
  • Business
Answered

What are the advantages of a sole proprietorship?

Answer :

GamerGirl15
GamerGirl15 GamerGirl15
  • 04-06-2015
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
Answer Link
rickyguinto rickyguinto
  • 07-01-2021

Answer:

It is the least regulated form of business organization.

Explanation:

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