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Sole Proprietorship
Definition - A sole proprietorship or sole tradership is the oldest and simplest form of business. It is that type of business organization where one person is responsible for profit and loss and is the sole owner of the business. Sole proprietorship is a form of business organization in which an individual introduces his own capital, uses his own skills and intelligence in management of its affairs, assumes all the risk of business and is solely responsible for the results of his operations. The bakery, hardware stores, service stations, barber shops, doctor's clinics, etc. are examples of sole proprietorships.
The Audiology Department at Randall Clinic offers many services to the clinic’s patients. The three most common , along with cost and utilization data, are as follows: Service Var
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Significant Features of Partnership 1) The capital is contributed by the partners and no appeal is made to the public. 2) Like the sole proprietorship, a partnership has a l
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