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No, a sole proprietorship is owned and operated by a single individual. If there are multiple owners, it would be considered a partnership or a different business entity.

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894patel.nikita

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1y ago

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What are the sources of capital a sole proprietorship?

owners contribution


How many owners are in sole proprietorship?

There can only be one owner.


Why most business owners preferred sole proprietorship?

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Difference between sole proprietorship and partnership?

A sole proprietor is a person who is in business for themselves. A partnership is two or more people who are in business for themselves.


What is an advantage the owners of sole proprietorship enjoy over the owners of a corporation?

Sole proprietors get to make all of the business decisions themselves.


Is an advantage the owners of a sole proprietorship enjoy over the owners of a corporation?

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Is apple is sole proprietorship?

No, Apple Inc. is not a sole proprietorship; it is a publicly traded corporation. This means it is owned by numerous shareholders and operates as a separate legal entity from its owners. A sole proprietorship, on the other hand, is a business owned and run by a single individual, which is not the case for Apple.


Principles of sole proprietorship?

what is the prinicples of sole proprietorship


What Advantage the owners of a sole proprietorship enjoy over the owner of a corporation?

Sole proprietors get to make all of the business decisions themselves.


What is an advantage the owners of a sole proprietorship enjoy over the owner of a corporation?

Sole proprietors get to make all of the business decisions themselves.


Can you turn your partnership into a sole proprietorship?

Partnerships can not be converted to Sole proprietorship.


What does the owner of a sole proprietorship have?

The owner of a sole proprietorship has unlimited liability.