Answer :

Han wants to launch a business that offers personal training. If he wants to be able to prevent management conflicts, he ought to choose a sole proprietorship business.

A sole proprietorship business is what?

A person who runs an unincorporated business alone is known as a sole proprietor. If you choose to treat a domestic limited liability company (LLC) as a corporation, however, and you are the only member, you are not considered to be a sole owner.

What are a sole proprietorship's benefits?

The top benefits of a solo proprietorship are:

  • Low startup expenses.
  • You are completely private.
  • It's easy to start and run your own business.
  • If circumstances change, it's simple to change your legal structure afterwards.
  • You can also quickly dissolve your company.

What are  characteristics of a sole proprietorship?

Characteristics of Sole Proprietorship are:

  • Single Ownership.
  • No Sharing of Profit and Loss.
  • One man's capital.
  • One-man Control.
  • Unlimited Liability.
  • Less Legal Formalities.

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