When considering the easiest form of business to start and also to end, the clear answer is a) sole proprietorship.
A sole proprietorship is the simplest business structure to set up. It requires minimal legal formalities, and in many cases, you can start operating as soon as you choose a business name and secure any necessary licenses or permits. Since the owner is the sole decision-maker, there’s less red tape, making it a popular choice for individuals just starting out.
Ending a sole proprietorship is also straightforward. There are no complex procedures to dissolve it. The owner can simply stop operating the business, settle any debts, and distribute any remaining assets. In contrast, other business forms like corporations or limited partnerships can involve significant legal and regulatory steps to dissolve, often requiring formal filings or complications with stakeholders.
In summary, if you’re looking for an uncomplicated, flexible business model, a sole proprietorship is the easiest option for both starting and ending a business.