Low start-up costs, simplicity in formation, and freedom are advantages in establishing a

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A sole proprietorship is the best choice when considering low start-up costs, simplicity in formation, and freedom. As the sole owner, the individual has complete control over the business without the need for complex legal formalities. Additionally, the business is taxed as an individual, allowing for greater tax benefits. However, it's important to note that this structure also means that the owner is personally liable for all debts and liabilities of the business.

Low Start-Up Costs, Simplicity in Formation, and Freedom Are Advantages