You can choose to partner with somebody to run a business, or you can go for it on your own. Sole proprietorship has many advantages. First of all, businesses with sole ownership are easy to form. All you have to do is file your business name. One of the main benefits of being the sole owner of a business is that you get to make all decisions. You do not have to consult them with anybody. If you have a vision, you can be sure that nobody is going to object to it. You run the things exactly the way you want it.