Eric wants to start a business. He is attracted to the idea of being his own boss, and wants to get started with a minimum of expense and hassle. He is confident in his abilities, and the market he can draw from, so he is not particularly worried about financial risks. All of these factors suggest that Eric may favor starting his business as a sole proprietorship.

Question

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Eric's desire to be his own boss and start with minimal expense and hassle, as well as his confidence in his abilities and market, all suggest a preference for a sole proprietorship. Additionally, his lack of concern about financial risks is also a common characteristic of sole proprietorship owners.

Eric Wants to Start a Business