The business itself must be established in the state of Texas to register itself as a Texan corporation. This establishment must also be the official headquarters of the business should the corporation wish to open up more offices.
There is one major place that one must go in order to register as an LLC in the state of Texas in the United States. One must first be approved by the secretary of state of Texas.
No, he can register to run his business in just about any name he wishes.
A sole proprietor is a person who owns the business and is personally responsible for it debts.
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.
You need to decide if you are going to be a sole proprietor or license your business as an LLC or other entity. You also need to register your business with the IRS for tax purposes. Some gardening business register for liability insurance.
Sole Proprietor: Owner of that business
The advantages to doing business as a sole proprietor include: 1) No formal filing with the state is required for a sole proprietorship, and the sole proprietor need not file separate income tax returns for the business. Instead, he reports the profit or loss on his personal income tax return, so the accounting and bookkeeping requirements are very simple. 2) A sole proprietor does not have to share the decision making process with other owners. He controls the management of the business. 3) A sole proprietor can freely sell his business.
Either the sole proprietor or the profit may be reinvested in the business in which case the sole proprietorship.
sole proprietor
James C. Penney Founder of J.C Penney, He is a Sole Proprietor.
Sole proprietorship is solely governed by the Proprietor of Proprietress. The day to day affairs of the Company, Bank operations etc. are all conducted by the sole proprietor. The profit or loss of the company is borne by the proprietor only. In this type of business, the work capability,manpower etc. of the proprietor play a pivotal role in directing the business. In capitalistic form of society, sole proprietership business is encouraged to flourish for help in rapid growth.
sole proprietor
Sole trader or sole proprietor running a one person business such as a one man or woman plumbing business.