The fact that the sole proprietor has 100% control of the business is the key advantage of the Sole Proprietorship,beyond the simplicity of the commencement of the operation.

Question

Quizplus · Accepted Answer

The statement correctly identifies the main advantage of a sole proprietorship, which is the complete control the owner has over the business. In addition, the structure is easy and inexpensive to set up and maintain, making it an attractive option for entrepreneurs.

The Fact That the Sole Proprietor Has 100% Control of the Business