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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.


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.


What are the benefits of a SEP IRA for a sole proprietor?

A SEP IRA offers tax benefits and allows a sole proprietor to save for retirement with higher contribution limits compared to traditional IRAs. It also provides flexibility in contributions, making it a valuable retirement savings option for self-employed individuals.


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


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.


Who is a famous sole proprietor in the US?

Sam Walton


What do you call a person who establishes a company?

Sole Proprietor.