advantages of a sole proprietorship\nwhat are the primary advantages to choosing a sole proprietorship…

advantages of a sole proprietorship\nwhat are the primary advantages to choosing a sole proprietorship? select all that apply.\nit can be inexpensive and easy to set up.\ndecisions are in the hands of many people.\nthe owner is not liable for the company’s debts.\nmany types of business taxes are not required.\nowners can keep profits for themselves.

advantages of a sole proprietorship\nwhat are the primary advantages to choosing a sole proprietorship? select all that apply.\nit can be inexpensive and easy to set up.\ndecisions are in the hands of many people.\nthe owner is not liable for the company’s debts.\nmany types of business taxes are not required.\nowners can keep profits for themselves.

Answer

Brief Explanations:

A sole - proprietorship is owned and operated by one person. It is inexpensive and easy to set up as there are few legal formalities. The owner has full decision - making power, keeps all the profits, and may be exempt from some business taxes. However, the owner is personally liable for the company's debts.

Answer:

It can be inexpensive and easy to set up. Many types of business taxes are not required. Owners can keep profits for themselves.