Why is a Sole-Princeship harder to obtain?

A sole proprietorship is often considered harder to obtain in certain contexts due to the need for complete personal responsibility and liability. Unlike other business structures, an individual must invest their own capital, manage all operational aspects, and assume full legal responsibility for debts and obligations. Additionally, securing financing can be more challenging, as lenders may perceive higher risks without the backing of a formal business structure or shared ownership. This combination of personal risk and financial hurdles can make establishing a sole proprietorship more daunting.