The owner of the Sole Proprietorship is personally liable for all debts and losses of the business.
Can a Sole Proprietor own any property?
A Sole Proprietor can own the property in individualβs name.
Legal identity for Sole Proprietorship?
What is the legal identity for Sole Proprietorship? The owner of the Sole Proprietorship can sue or be sued in individua...
Liability for Sole Proprietorship?
The owner of the Sole Proprietorship is having the unlimited liabilities.
Be your own boss.
If you prefer to be your own boss, then a basic and simple form of starting the small scale business with low risks in S...
One man army or show.
A Sole Proprietorship is also (kiddingly) called as One Man Army or show since there is only one owner who runs the busi...