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What is an advantage of having a business whose legal entity is a sole proprieto...

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What is an advantage of having a business whose legal entity is a sole proprietorship?

Raising funds is easy, and owners never need to use their personal funds to run the business

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It is very easy to attract high-caliber employees

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It is the easiest and least expensive form of ownership to organize

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The owner is not legally responsible for any debts against the business.

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