Sole proprietorship, Financial Management

Sole Proprietorship

This business form is the legal default form for any person who makes no effort to organize the business otherwise but does business in the United States. This is a business owned and operated through one person who assumes total control and liability for the business. No legal entity is formed in this form. While the sole proprietor may have employees and he or she does not have co-owners.

Posted Date: 10/16/2012 7:20:20 AM | Location : United States

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