What are the primary advantages to choosing a sole proprietorship?

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02-06-2022
Business

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What are the primary advantages to choosing a sole proprietorship?

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ayfat23 ayfat23 · Answer 1 · 2022-06-09T10:36:43+02:00

The primary advantages to choosing a sole proprietorship is that there is no separate legal entity from the ownership.

What is sole proprietorship?

Asole proprietorship serves as a type of business which is been owned and controlled by single entity, in this type of business, there is no partnership.

In this type of business, the ownership is the same with the legal identity.

Learn more about sole proprietorship at;

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