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Who is sole Proprietor?

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Question ajoutée par Maalik Muhamed , Deputy Mill Manager , AZANIA GROUP OF COMPANYS
Date de publication: 2014/04/15
Abdel Fattah Ibrahim
par Abdel Fattah Ibrahim , CDT Director , Colgate Palmolive

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

 

Khatim Abbas Seed
par Khatim Abbas Seed , BUSINESS CONSULTANT , Google

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.

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