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A sole proprietorship, also known as the sole trader or simply a proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business
Sole-proprietorship is a one-man (or one-woman) business, run by a single individual without legally registered employees.
In many cases & countries, like in the Netherlands, this is also the official legal name for a freelancer, especially when it concerns specialized professions (photography, design, writing, consultancy etc.) as opposed to salesmanship of a shop etc.
