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yes it is owned and run by one person

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13y ago

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Which term refers to a business that is owned and controlled by one person?

sole proprietorship refers to a business that is owned and controlled by one person.


A business owned by one person?

Sole Proprietorship.


Explain the strength of a sole proprietorship?

A sole proprietorship is a business started and owned by an individual. Little or no legal paperwork is required to begin.


What is the most common form of business in the US?

Sole proprietorship or proprietorship - a business owned and run by one person.


Which type of business is owned by one person?

Sole proprietorship


Can you explain with an example a sole proprietorship?

A sole proprietorship is an unincorporated business owned by a single person. Most work from home businesses are sole proprietorships.


A business owned and controlled by one person is known as a .?

sole proprietorship


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 a sole proprietorship practice?

A sole proprietorship operates a business. They are able to determine what type of business they want to be in.


Example of a sole proprietorship in Bangladesh?

proprietorship business


When only one person owns a business it's called?

Sole Proprietorship is a business owned by one person


Who receives the profit from a sole proprietorship?

Either the sole proprietor or the profit may be reinvested in the business in which case the sole proprietorship.