Sole proprietorship Sentence Examples
In contrast, with a sole proprietorship or partnership, the owners can lose personal assets in a business lawsuit.
A sole proprietorship or a partnership is not an incorporated business.
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.
In most cases, a home based candle making business is simply a sole proprietorship with no employees.
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.Advertisement
At least 90 percent of businesses were sole proprietorship with no employees.
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.
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.