Printer Friendly
The Free Dictionary
987,929,307 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Sole Proprietorship

   Also found in: Legal, Acronyms, Wikipedia, Hutchinson 0.11 sec.
Sole Proprietorship
A business organization that is unincorporated and has only one owner.

Notes:
The other two types of organizational structures are partnerships and incorporated companies (corporations).


Sole proprietorship
A business owned by a single individual. A sole proprietor pays no corporate income tax but has unlimited liability for business debts and obligations.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.