- Advantages
Sole proprietorships are popular because they have a number of attractive features:
• *Simple to create: the most attractive features of proprietorship is how fast and it is to begin operations.
• *Low Cost Start-Up Fees: the proprietorship is generally the least expensive form of owner to establish (สร้าง/แสดงให้เห็น)
• Profit Incentive: the proprietorship is that after all the debts and paid, the owner receives all the profit.
• Total Decision-Making Authority: the sole proprietor is in total control of operation (การดำเนินการ/กิจการทางธุรกิจ), this becomes an asset in rapidly shifting markets.
• *No Special Legal Restrictions: the proprietorship is the least regulated form of business ownership.
• Easy to Discontinue: when owner cannot continue operations, they can terminate the business quickly, even though they will still be liable for all outstanding debts and obligations.
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