Advantages (A) or Disadvantages (D) of a Private Enterprise:

A
______ Easy and inexpensive to set up.
A
______ Full control and decision-making authority.
A
______ Minimal government regulations.
______
A Quick decision-making without the need for consensus.
______
D
Personal liability for business debts and lawsuits.
D
______ Limited access to capital for business expansion.
D
______ Potential difficulty in attracting investors.
______
D
No separation between personal and business assets.
A
______ Flexibility to adapt to market changes.
______
A
Privacy in business operations (no public disclosure).
D
______ Potential difficulty in obtaining loans or credit.
D
______ Personal financial risk in case of business failure.
A
______ Easy to dissolve the business if needed.
D
______ Full responsibility for all aspects of the business.