Sole proprietorship sentence example

sole proprietorship
  • In contrast, with a sole proprietorship or partnership, the owners can lose personal assets in a business lawsuit.

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  • A sole proprietorship or a partnership is not an incorporated business.

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  • Knowing your score will help you negotiate the best rates especially if you plan to purchase an investment property as an individual or sole proprietorship.

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  • In most cases, a home based candle making business is simply a sole proprietorship with no employees.

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  • In the case of a sole proprietorship or a partnership, any income taxes due will likely be paid by the business owner or the partners.

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  • At least 90 percent of businesses were sole proprietorship with no employees.

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  • The exact requirements for dissolution of a business vary from one state to another and may be different for corporations and LLCs than for partnerships and sole proprietorship.

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  • For example, if Sally Lee had personal deposits and deposits for her sole proprietorship business totaling $300,000, she would be insured up to $250,000, leaving $50,000 uninsured.

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