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A sole proprietorship is a one-person business
Sole proprietorships are so easy to set up and maintain that you may already own one without knowing it. For instance, if you are a freelance photographer or writer, a craftsperson who takes jobs on a contract basis, a salesperson who receives only commissions, or an independent contractor who isn't on an employer's regular payroll, you are automatically a sole proprietor.
Initially or step1 : Through documentation.
Establishing a sole proprietorship is cheap and relatively uncomplicated. You don't have to file any papers to set it up -- you create a sole proprietorship just by going into business. In other words, if you'll be the only owner of the business you're starting, your business will automatically be a sole proprietorship, unless you incorporate it or organize it as an LLC. Of course, you do have to get the same business licenses and permits as any other company that goes into the same business.
ITS ONE MAN SHOW , SO YOU ARE THE ONLY ONE WHO HAS TO DECIDE THIS ,,, YOU , SO MOVE ON, DONT ASK ANY1
you create a sole proprietorship just by going into business.
Here are some tips from myside :
1) Create interest in your startup.
2) Be proactive about market changes.
3) Stick to your strengths.
The failure often surrounds five key dimensions: customers, business model, product, financials and team hence build your niche.
their are no legal provision regarding the commencement of soleproprietorship
Business is easy to set up, it's also easy to ignore local registration requirements, business licenses, and paying taxes on your income.
you do have to get the same business licenses and permits as any other company that goes into the same business.
