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What are the main advantages of a sole proprietorship quizlet?What are the main advantages of a sole proprietorship? The main advantages of a sole proprietorship are that these businesses are easy to open or close, face few regulations, give the business owners freedom and control, and let the owners keep the profits.
Which of the following is a tax advantage of a sole proprietorship quizlet?It does not pay special state and federal taxes that corporations pay. Which of the following is an advantage of a sole proprietorship? Profits are taxed as individual income.
Which of the following is not an advantage of a sole proprietorship quizlet?Which of the following is not a advantage of sole proprietorship? anything left out of income after expenses have been deducted. Both the sole proprietorship and the partnership have unlimited liability.
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Which of the following is a major advantage of a sole proprietorship quizlet?
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