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What is the easiest form of business to start and to end? a
What is the easiest form of business to start and to end?
a. Sole proprietorship,
b. Limited partnership,
c. Corporation,
d. Cooperative.
Expert Solution
The easiest business to start and to end is the [Math Processing Error](a) Sole proprietorship.
The sole proprietorship is a business that is operated by one person. This means that the sole trader has all the powers to make and implement a decision. Therefore, If a sole trader decides to establish a sole proprietorship business, they establish it since it requires a small capital. On the other hand, if a sole trader decides to end a business's existence, they don't need to consult any other party, which can be time-consuming.
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