Completely controlling a business and keeping all the profits are advantages of a _; raising capital by selling shares and limited liability are advantages of a _.

Completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

What differentiates a Sole Proprietorship from a Corporation?

A sole proprietorship can be differentiated from a corporation based on a separate existence.

While a corporation has a separate legal existence, a sole proprietorship is not a legal entity different from the owner.

Thus, completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

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Completely controlling a business and keeping all the profits are advantages of a _____; raising capital by selling shares and limited liability are advantages of a _____.

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What differentiates a Sole Proprietorship from a Corporation?

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Completely controlling a business and keeping all the profits are advantages of a _; raising capital by selling shares and limited liability are advantages of a _.