Answer:
Wants to be his own boss and can accept limited liability.
Explanation:
Sole propietorship is a form of business in which a single individual is completely incharge of all the affairs concerning the business. There is no form of partnership, The individual is responsible for controlling and managing all business activities.
Sole proprietorship requires a low start up cost, this implies that it is very easy to set up the business organisation. The individual enjoys access to the profits gotten from the business as there is no sharing of profits.
The main disadvantages of sole proprietorship is that the individual is liable for all the debts incurred by the organisation and there might be difficulty in raising the amount of money required to start the business.
