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What are the functions of management of sole proprietor?
Function of sole proprietor
Who is a sole proprietor?
A sole proprietor is a person who owns the business and is personally responsible for it debts.
How many types of business are there?
There are many types of business that are defined by different legal systems in different countries. They include partnerships,sole traders, limited liability company,cooperatives and corporations.
What is a sole trader organization?
Sole proprietor
What is sole proprietor?
A sole proprietor is someone who owns there own business. A newspaper stand for example. If you invest your money into your business, then create and run it ALL BY YOUR SELF, then the business is called a sole proprietorship, and you are the sole proprietor.
Discuss various forms of business organization?
Businesses can be corporations or partnerships. Partnerships are between two people interested in making money. Corporations are entities established to make money, as well, but they have shareholders.
What is a sentence using the word sole?
This person is sole proprietor of the building.
How is a theft loss on inventory claimed on a sole proprietor's tax return?
theft loss of inventory on sole proprietor. how is it handled on tax return
Can you turn your partnership into a sole proprietorship?
Partnerships can not be converted to Sole proprietorship.
What are objectives of a sole proprietor?
quick decision
Can a garnishment be put against a sole proprietor?
A garnishment can be put against a sole proprietor to settle a debt. Despite their working situation, they are still under obligation.
Can you give me some examples of famous companies operating as sole proprietor ship business?
James C. Penney Founder of J.C Penney, He is a Sole Proprietor.
