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A sole proprietorship is the simplest and most common legal structure. Asked feb 18, 2020 in business studies by sima01 (57.6k points) the simplest form of business ownership is a: Web here are 10 common forms of business ownership, including their benefits and limitations. Is a business that is owned (and usually operated) by one person. Web sole proprietorships are the simplest form of business structure and are easy and cheap to start due to few government rules. Proprietors enjoy full control and profits. Web a soleproprietorship, a business owned by only one person, accounts for 72% of all u.s. It has one owner who can do whatever he or she wants with the business. Ad protect your personal assets with a free llc—just pay state filing fees. This is the simplest sort of ownership.
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