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A business thst is owned and operated by a single individual is know as a proprietorship?

A business that is owned and operated by a single individual is know as a proprietorship


A business that is owned and operated by a single individual is known as what kind of proprietorship?

sole proprietorshipSOLEsole


What is A business that is owned and operated by a single individual is known as a what proprietorship?

sole A sole-trader.


What is the difference between individual ownership and partnership?

Sole proprietorships are businesses that are owned and operated by a single business owner.


What is a business that is owned and operated by a single individual known as?

A business that is owned and operated by a single individual is known as a sole proprietorship. This type of business structure is simple to set up and offers complete control to the owner, who is personally liable for all debts and obligations. Sole proprietorships are common for small businesses and freelancers due to their straightforward regulatory requirements.


What is a business owned and ran by one person?

A business owned and operated by one individual is known as a sole proprietorship.


What is a business that is owned by single individual?

proprietorship


Can a sole proprietorship have multiple owners?

No, a sole proprietorship is owned and operated by a single individual. If there are multiple owners, it would be considered a partnership or a different business entity.


What is A business owned by a single individual called?

A proprietorship.


What is a sole propietorship?

A Business owned and managed by a single individual , (;


Business owned and managed by a single individual?

This is called a sole proprietorship.


What is free market system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.