Which is an advantage of a sole proprietorship form of business?
A) There is limited personal risk.
B) The business can continue indefinitely.
C) The owner makes all the decisions.
D) All of these answers are correct.

Question

Quizplus · Accepted Answer

The owner of a sole proprietorship retains full control over the business and makes all the decisions, which is a distinct advantage of this form of business organization. Unlike corporations, sole proprietorships do not offer limited personal risk, nor do they inherently have the ability to continue indefinitely, as the business is closely tied to the life and decisions of the owner.

Which Is an Advantage of a Sole Proprietorship Form of Business