Topic: Definition of Sole Proprietorship
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What is the definition of a Sole Proprietorship?
A sole proprietorship, also known as a sole trader or simply a proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner rec... Read More »
Source: http://answers.yahoo.com/question/index?qid=20111013171751AAxUVXH
What is a Sole Proprietorship?
A sole proprietorship is a type of business owned and operated by a single person, and is essentially the same as the person. Limited Liability Companies (LLC) offer more legal protection for personal assets. Look here for more information:... Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_sole_proprietor...
How to Start a Sole Proprietorship?
A sole proprietorship is started by filing an application for a business license using an individual social security number, or IRS taxpayer identification number indicating that you are the sole owner of the business. All business revenues... Read More »
Source: http://answers.ask.com/Business/Finance/how_to_start_a_sole_propr...
Featured Content:
Definition of Sole Proprietorship
When you start a business, there are several types of entities you can choose from. These include an incorporation, LLC and sole proprietorship. While they all have their good and bad points, you should… More »
Difficulty:
Easy
Source: www.ehow.com
More Common Questions
Answers to Other Common Questions
The sole proprietorship is a company of one--one boss, one liability and one person to reap rewards, if there are any. Sometimes the sole proprietorship just happens, especially with the Internet. Online success has created sole proprietors...
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Source: http://www.ehow.com/how_6749055_define-sole-proprietorship.html
Most sole proprietorships are small businesses. By definition, they have a single owner, except for spouses in some states. These types of companies generally have small funding needs that are far too low to interest venture capitalist inve...
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Source: http://www.ehow.com/how_5838887_fund-sole-proprietorship.html
Sole proprietorship is the oldest form of doing business, and is the most common form of business organization in the United States. It is easy to set up a sole proprietorship in most states by filing a few simple forms. However, sole propr...
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Source: http://www.ehow.com/info_7749283_sole-proprietorship-organized.ht...
Starting a small business encompasses many steps, but the most important aspect is making your business legal by registering it or establishing it with the proper entity. Since a sole proprietorship is one of the more simple forms of a busi...
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Source: http://www.ehow.com/how_2154114_register-sole-proprietorship.html
A sole proprietorship is a business represented by a single individual. The individual alone is responsible for the business financially and legally. It is the easiest and simplest form of business to operate because the start-up costs are ...
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Source: http://www.ehow.com/how_2305295_setup-sole-proprietorship.html
You've decided to start your own business. Congratulations! The easy part is over. If you're planning on keeping things small and simple, a sole proprietorship is the way to go. The amount of paperwork is very low and tax implications are m...
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Source: http://www.ehow.com/how_2325650_file-sole-proprietorship.html
