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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.

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12y ago

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What is a Sole Proprietorship Firm?

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Can a sole proprietorship be called a company?

yes


How can you put sole propriertorship into a sentence?

The sole proprietorship of the company was given to nicholas.


Different between sole proprietorship and company?

everybody


What company is easiest to set up?

Sole proprietorship


Can a Limited Liability Company own a 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.


Principles of sole proprietorship?

what is the prinicples of sole proprietorship


How you calculate gratuity amount working in a sole proprietorship company?

i am working for last 7 years in a proprietorship company, how much i can get the gratuity amount and what is law?


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.


What are the sources of capital a sole proprietorship?

owners contribution


What is a sole proprietorship company?

A form of business organization in which an individual owns the entire enterprise