Question

select all that apply
what are three advantages to a sole proprietorship?
ease of starting the business
pride of ownership
ability to be your own boss
unlimited liability
unlimited life span

Explanation:

1. Ease of starting the business: Sole proprietorships have minimal legal formalities for establishment.
2. Pride of ownership: The owner has full control and can take pride in building their own business.
3. Ability to be your own boss: The sole proprietor makes all business - related decisions independently. Unlimited liability is a disadvantage as the owner's personal assets are at risk, and a sole proprietorship does not have an unlimited life span as it is closely tied to the owner's status.

Answer:

Ease of starting the business, Pride of ownership, Ability to be your own boss