SoleProprietorship

  • Lifestyle

    Understanding Sole Proprietorship: Definition and Key Considerations

    Characteristics of Sole Proprietorship A sole proprietorship is a type of business entity that is owned and operated by a single individual. It is the simplest and most common form of business ownership, and it is often the first choice for entrepreneurs who are starting a new business. The following are some of the key characteristics of a sole proprietorship:…

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