(redirected from proprietors)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

Sole Proprietor

The one and only owner of an unincorporated business. That is, the business of a sole proprietor is not a corporation, a limited liability company, or anything else. The sole proprietor must list all profits and losses on his/her personal tax return and does not file a separate return for the business. Additionally, the sole proprietor is personally responsible for all losses and debts the business incurs. Some small businesses begin as sole proprietorships and then become something else. Other sole proprietorships are part-time businesses that the owners operate on the side.


The owner of a one-person business.




The sole owner of a trade or business.
References in classic literature ?
Most of the Fishermen followed the proprietor to the front room to demand news of any exit.
All the other men present drifted away to carry the recovered silver to their comrades, or to consult the proprietor about the queer condition of affairs.
Miss Halcombe had only time to assent, and to whisper to her sister that she should hear from her on the next day, when the proprietor of the Asylum joined them.
Nasir Shah said that the Daewoo has also proposed to partnering with nine independent sole proprietors would apply reapply.
Meanwhile, some proprietors of private schools have advised the state government to conduct a thorough investigation before pegging tuition fees.
PESHAWAR -- District administration Peshawar has asked the proprietors of the Rent-A-Car business to register their business with the Tourism Corporation Khyber Pakhtunkhwa (TCKP) within a period of one-week.
19) In the labor approach, proprietors' labor compensation is estimated directly by assuming that proprietors earn the same hourly compensation as the average employee working in their sector.
Single-owner firms also dominate this group of larger firms, though they are larger and have survived longer on average than the group referred to as sole proprietors.
And Arkansas' increase in miscellaneous proprietors is not as sizable as the nation's--34 percent vs.
Still, many firms and sole proprietors have a great deal of succession planning work ahead of them.
Ever since the Trade Marks Act 1994 gave effect in the United Kingdom to First Council Directive 89/104/EEC of 21 December 1988 to approximate the laws of the member states relating to trade marks ( OJ 1989 L40, p 1), the rights of proprietors of registered trade marks have been governed by a uniform scheme of EU law.
But he insisted there were no pacts made with any media proprietors in order to win their newspapers' support for Labour.