A form of business organization in which an individual owns the entire enterprise
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yes
The sole proprietorship of the company was given to nicholas.
everybody
Sole proprietorship
No, a Limited Liability Company (LLC) cannot own a sole proprietorship, as a sole proprietorship is owned by an individual and not a separate legal entity. However, an LLC can own the assets of a sole proprietorship if the sole proprietor transfers ownership to the LLC. This setup allows the sole proprietor to benefit from the liability protection that an LLC offers while still operating the business.
what is the prinicples of sole proprietorship
i am working for last 7 years in a proprietorship company, how much i can get the gratuity amount and what is law?
A sole proprietorship is a type of business entity that is owned and run by one individual. This means there is no legal distinction between the owner and the business.
Partnerships can not be converted to Sole proprietorship.
The owner of a sole proprietorship has unlimited liability.
owners contribution