What action will most likely be required of someone who starts his company as a sole proprietorship?

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Starting a sole proprietorship does not require any filings with the state, but it may need to obtain a license or business permit in the jurisdiction where it operates. The other choices, such as filing for status as a corporation or LLC, involve more complex legal and tax implications, and are not necessary for sole proprietorships.

What Action Will Most Likely Be Required of Someone Who