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What is Sole - Proprietorship ?

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Question added by AHMED IMRUL KAYES , Senior Consultant , HR Bangladesh Ltd.
Date Posted: 2015/03/24
Deleted user
by Deleted user

The sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts.

nazeef qureshi
by nazeef qureshi , CSR , 360 BPO solutions

business run by single owner is called sole proprietorship

Mohammed Shahid Ullah
by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Sole Proprietorship is the owner of the one person. Profit & Loss bears the proprietor.

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