What is a sole proprietorship company?

Answer A sole proprietorship company is an unincorporated business and is the most common form of a business organization. The business is owned and operated by one person who assumes liability for all bu... Read More »

Top Q&A For: What is a sole proprietorship company

What is the difference between a sole proprietorship&a limited liability company?

A sole proprietorship has no separate existence from the owner of a business, according to EduBook. A limited liability company (LLC) acts as a separate legal entity from the owners of the business... Read More »

How to Set up a Sole Proprietorship in Tennessee?

A sole proprietorship is a business where the owner and business entity are considered 1 and the same. The owner is responsible for all the debts and assets of the company, and will also reap all t... Read More »

How to Set up a Sole Proprietorship in Florida?

A sole proprietorship is the simplest way to structure a new Florida business. The business and its single owner are considered the same for tax purposes. A sole proprietor has few federal and stat... Read More »

What is the largest sole proprietorship?

According to a report published in 2003 in the Statistics of Income Bulletin, retail trade is the largest sole proprietorship in the U.S. It accounted for 16.9 percent of all business receipts.Refe... Read More »