From the standpoint of an owner, what is a major advantage of a sole proprietorship?
A) retention of control
B) permanence of the business
C) ability to capitalize on complementary skills
D) ability to pool financial resources

Question

Quizplus · Accepted Answer

As the sole proprietor, the owner has complete control over all aspects of the business. They can make decisions without having to consult with anyone else or seek approval from anyone else. This can be a significant advantage for many entrepreneurs.

From the Standpoint of an Owner, What Is a Major