sole proprietorship has the following advantage.. 1. it enables the proprietor to decide on the matters with regards to the business. 2. own money could be use in the financing (though it is also part of its disadvantage)
The advantages to doing business as a sole proprietor include:
1) No formal filing with the state is required for a sole proprietorship, and the sole proprietor need not file separate income tax...
advantages: Easy to start up, anyone can do it, earn all the profit, only need authorization. site permit and name paperwork takes a day or 2 to complete. disadvantage: they get all the DEBTS, HIGH...