Samuel is starting a delivery business with one delivery truck in which he is the delivery driver. Samuel is using his own money to purchase the truck and does not want to do a lot of paperwork to start his business. Which business structure would best fit his situation?

Question

Quizplus · Accepted Answer

A sole proprietorship is the simplest business structure, which involves the least amount of paperwork and allows Samuel to be the sole owner and operator of his delivery business. This structure is ideal for an individual starting a business with their own funds and wanting minimal administrative complexity.

Samuel Is Starting a Delivery Business with One Delivery Truck