For many individuals,commencing business operations is easiest via the establishment of a Sole Proprietorship.

Question

Quizplus · Accepted Answer

This statement is true. For many individuals, starting a business as a Sole Proprietorship is the simplest and most straightforward option. A Sole Proprietorship is an unincorporated business owned and operated by one person. The owner is personally responsible for all aspects of the business and has complete control over its operations. This form of business organization requires minimal legal and regulatory compliance and is a popular choice for small businesses and startups.

For Many Individuals,commencing Business Operations Is Easiest Via the Establishment