Imagine you are a business consultant, and a client has approached you for advice on the most suitable business structure for for their start up venture. They are torn between the idea of setting up a sole proprietorship or a private company. Assume you are more inclined towards sole proprietorship rather than a private company. Provide$\mathrm{ 5}$ $$reasons for your preference and elaborate on each reason. Your explantion should draw form the key charecteristics and challenges aassociated with each role