sole proprietorship advantages
Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!
A sole proprietor has complete control and decision-making power over the business.
advantages
Few formal business requirements
advantages
Less formal business requirements
advantages
Minimal legal costs to forming a sole proprietorship
advantages
No corporate tax payments
advantages
No need to wait on a decision from others
advantages
Privacy
advantages
Sale or transfer can take place at the discretion of the sole proprietor.
advantages
