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One of the benefits of being a sole proprietorship is ----------, which is evidenced by a sole proprietor being completely free to make decisions about the firm's operations, location, expansion plans, business hours, and other details.

Respuesta :

Answer:

Freedom & Independence

Explanation:

Sole Proprietorship is business owned , managed & run by a single entrepreneur. In this case, entrepreneur & business entity single, & not separate entities.

Advantage of this business form is that :

  • Business ease to start, manage & dissolve  
  • Entrepreneur can take & implement decisions, without any delay in decision making process.
  • Entrepreneur can be flexible in firm's decision making.
  • Entrepreneur has best incentive & motivation to work, as all business profits are his/ her own.

So, Sole Proprietor has full authority to take firm's decision & full responsibility of those decisions result on firm's as well as his/her own life. This incentive system is a merit of the Sole Proprietorship.

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