Ease of Setup: Easiest
and least expensive form of ownership to organize.
Single Control: Sole
proprietors are in complete control, within the law,
to make all decisions.
Income: Sole
proprietors receive all income generated by the
business to keep or reinvest.
No Double Taxation:
Profits from the business flow-through directly to
the owner's personal tax return.
Dissolution: The
business is easy to dissolve, if desired. |