A sole proprietorship is an unincorporated business that is owned by one individual. It is the simplest form of business organization to start and maintain. The business has no existence apart from you, the owner. Its liabilities are your personal liabilities and you undertake the risks of the business for all assets owned, whether used in the business or personally owned. close window

A business that is owned by a person who is solely responsible for all aspects of the business. The owner is personally responsible for all debts of the business.

A business operated by an individual directly, wit... Add a comment

A medical practice or business that is owned and operated by a single individual.

A business in which you have complete control and responsibility.

A business structure in which an individual and his/her company are considered a single entity for tax and liability purposes. see also partnership, corporation.

The simpliest (and most popular) form of business organization. The individual is personally liable for all debts of the business to the full extent of his or her property. On the other hand, the owner has complete control of the business.

A business operated by an individual. The business is not incorporated. The business generally operates under the social security number of the owner unless it has employees, in which case an EIN is required. Note that a business operated by a husband and wife is not a sole proprietorship, but should be a partnership. However, there is some tolerance when operated in a Community Property state.

Ownership of a business entirely by one person.

a single owner who runs the business, earns all profits, and is totally responsible for any business debt

a business conducted by an individual who owns all of the property

a business consisting of one owner

a business entity, organization, where essentially it's an individual who owns a business as an individual

a business entity that is virtually indistinguishable from its owner

a business in which one person furnishes all the capital and assumes all the responsibility

a business of one without corporation or limited liability status

a business owned and operated by a single individual, or a husband and wife

a business owned by an individual which usually operates under the name of the owner

a business owned by a single person

a business owned by a sole natural person whose liability is unlimited

a business owned by just one individual rather than a corporation or partnership

a business owned by one individual and conducted under a company name (often called a "fictitious" name)

a business owned by one individual and not through a separate entity

a business run a person in their own right

a business run by an individual

a business run by one person

a business that is owned by an individual who is responsible for all aspects of the business

a business that one person owns

a business which legally has no separate existence f en

a business which legally has noseparate existence from its owner

a business with a single owner

a common, simple type of business ownership

a company owned by one entity

a company that is not registered with the state as a limited liability company or corporation

a company that is owned and, usually, operated by an individual

a company with one owner that is not registered with the state as a limited liability company

a form of business in which one person directly owns the assets of the business and is directly responsible for its debts, in contrast to a partnership or a corporation

a form of business that is legally indistinguishable from the person running it

a good business organization for an individual starting a business that will remain small, does not have great exposure to liability, and does not justify the expenses of incorporating and ongoing corporate formalities

a greater financial risk for the business owner

an appropriate and proper form of business ownership for many small businesses

an establishment owned by solely by a single individual with no others sharing in the capital

an individual carrying a business activity without incorporating and without a partner

an individual engaging in business for himself or herself

an individual (or married couple

an individual who owns and operates the business

a non-incorporated

an unincorporated busi

a single-owner business and the simplest form of business entity

a single-owner business that is not created by filing Articles or other papers with the Secretary of State in the same way as a corporation or LLC is created

a single-owner business that is not created by filing papers with the state in the same way as is done for a limited liability company (LLC) or corporation

a single person who performs most of the duties required to operate the business

A business in which one person owns all assets and is personally responsible for all liabilities.

Ownership of a business by one person who operates the business as an extension of himself or herself.

(refer to proprietorship)

A form of business ownership in which one person owns the entire business, earns all profits and assumes all losses. Sole Proprietorships register with the city/town in which they will operate.

legal structure that has one person as the owner.

A form of business where one individual opens a business. Legally, the owner is the business and the business is not considered a separate legal entity. The owner is personally subject to unlimited legal liability for the business.

An ownership structure in which a single person is involved, does not constitute a separate legal entity nor provide any legal protection. Like a partnership, there is no taxation at the proprietorship level and taxes are levied on the individual's income from the sole proprietorship.

A type of business organization in which one individual owns the business. Legally, the owner is the business and personal assets are typically exposed to liabilities of the business.

A business owned by an individual; not incorporated.

The conduct of an unincorporated business when an individual owns all business assets and is personally liable for all debts and obligations.

A business where an individual is both the owner and conductor of the business affairs. The owner of a sole proprietorship is personally liable for all business debts.

A business owned entirely by one individual.

An unincorporated business that is owned by one person.

A business carried on by the owner as an individual. The owner of a sole proprietorship is personally liable for all business debts; thus, personal property could be taken to pay business debts. A Sole Proprietorship is an unincorporated business wholly owned by one individual.

ownership of a business, with no formal entity as a vehicle or structure.

A form of business organization in which an individual is fully and personally liable for all the obligations (including debts) of the business, is entitled to all of its profits and exercises complete managerial control.

An unincorporated retail firm owned by one person.

See Proprietorship.

The simplest form of business organization whereby one individual owns and controls the entire company.

A business entity that involves just one individual who owns and operates the enterprise.

Individual ownership of a business or other institution.

Business entity owned and operated by one person.

A business owned and operated by an individual.

An unincorporated business activity owned by one individual under which the sole proprietor owns the business assets in his or her name and is personally liable for the business debts. The business has no existence apart from the owner.

A business carried on by the owner as an individual. The owner of a sole proprietorship is personally and fully liable for all business debts. It is not required to be registered with the registrar of companies.

A business that is not incorporated. The owner of the sole proprietorship is personally liable for all debts and any claims against the business.

A restaurant owned by a single person who has sole responsibility for the operation, activities, and liabilities of the business.

A business carried on with an individual both as owner and conductor of business. The owner of a sole proprietorship is liable for all business debts.

a business owned by one person who receives all the profits and is responsible for all the debts incurred by the business

An unincorporated business with a sole owner in which the owner may be personally liable for business debts and claims against the business.

A business owned and operated by one person.

A business owned by one person, generally an unincorporated business entity.

An unincorporated business formed and operated by one owner, who may or may not have employees. There is no distinction between the proprietor's personal and business assets.

A sole proprietorship is a form of business organization. The distinguishing characteristics of a sole proprietorship include: only one owner for the business (hence, "sole") and the business is unincorporated.

An unincorporated business owned entirely by one person. See also corporation.

Type of business in which one person owns and has sole liability for the company.

A business enterprise the net worth of which belongs entirely to one individual.

A method of owning a business in which one person owns the entire business and reports all profits and losses directly on his or her personal income tax return, as contrasted with corporate, joint or partnership ownership. A sole or individual proprietorship is easy to organize and flexible to operate. It is frequently used in real estate brokerage. An individual proprietor may run a brokerage company if he or she has a valid broker's license. The proprietor may use his or her own name or a fictitious name previously registered as required by state law. There is a growing tendency for sole proprietors to incorporate and thus take advantage of certain tax and fringe benefits, such as those provided by pension and profit-sharing plans.

Noncorporate ownership of property or a business by one person only. Also see “Corporation,” ‘Limited liability company, ‘Limited partnership,” “Partnership,” and ‘Subchapter S corporation.

Sole Proprietorship is a business owned and managed by one person, who is personally liable for all business debts and obligations. For tax purposes, the owner and his or her business are one entity, meaning that business profits are reported and taxed on

A method of conducting business by an individual without establishing a separate entity for the business and without any liability shield. The sole proprietor has unlimited liability for debts, claims, damages, costs or other obligations of the business.

A business carried on by an individual person, for which that person remains liable for all liabilities of the business.

An unincorporated business with only one owner.

A business owned by one person. (A business owned by a fish?)

An individual who own and manage a business alone.

Sole proprietorships are businesses owned by individuals

A business that is owned by one person.

An unincorporated business entirely owned by one person. Same as a PROPRIETORSHIP.

Company owned and managed by one person.

an unincorporated business which is owned and usually managed by one person; the business has no separate legal existence apart from the owner

A business owned by one person. The sole proprietor receives all the profits of the business and is responsible for all of its debts. Many businesses in the United States are sole proprietorships. They are usually small businesses — e.g., neighborhood barber shops, gift shops, family farms. (Compare Corporation, Partnership.)

Single ownership. You (as the sole proprietor) can put money into the company and take it out as desired. Proprietor is responsible for reporting profits or sales taxes to the federal and state tax offices.

an enterprise that is owned by a single individual.

A type of business where the owner has full control and unlimited liability. A sole proprietorship is taxed at the personal income tax rate.

A business enterprise owned by one person who is its manager and employee.

Simply, a business owned and managed by one person. Sole proprietorships do not enjoy liability protection.

A business with one owner. A business organized as a sole proprietorship is not separate from its owner, merely a different name that the business owner operates under. The owner is personally liable for the company and its debt, all income is added on the owner's personal tax returns (pass-through taxation).

A sole proprietorship is a business owned and operated by one individual.

A business form with one owner who is responsible for all the firm's liabilities.

A business with only one owner (can also be a husband and wife ownership).

Sole ownership. Business owned by one person having all the rights and obligations.

A business owned and managed by one person (or for tax purposes, a husband and wife). For IRS purposes, a sole proprietor and her business are one tax entity, meaning that business profits are reported and taxed on the owner's personal tax return. Setting up a sole proprietorship is cheap and easy since no legal formation documents need be filed with any governmental agency (although tax registration and other permit and license requirements may still apply). Once you file a fictitious name statement (assuming you don't use your own name) and obtain any required basic tax permits and business licenses, you'll be in business. The main downside of a sole proprietorship is that its owner is personally liable for all business debts.

A sole proprietorship, or simply proprietorship, is a type of business entity which legally has no separate existence from its owner. Hence, the limitations of liability enjoyed by a corporation and limited liability partnerships do not apply to sole proprietors. All debts of the business are debts of the owner.