The fact that the sole proprietor is limited to their personal capacity to invest and/or borrow money is the key advantage of the Sole Proprietorship,beyond the simplicity of the commencement of the operation.

Question

Quizplus · Accepted Answer

The limitation on personal capacity to invest and borrow money is actually a disadvantage of a sole proprietorship, not an advantage. The key advantage is the simplicity and ease of starting and operating the business.

The Fact That the Sole Proprietor Is Limited to Their