Business Studies, asked by hrs9, 1 year ago

what is sole proprietorship?​

Answers

Answered by Gunjalraj
1

hey mate...

A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

hope it helpz uh

Answered by js7674590
1

Answer:

A sole proprietor Business is established, owned, financed and controlled by a single person who is known as sole proprietor.

Such a Business run by sole proprietor is known as sole proprietorship.

Explanation:

hope the answer is helpful to you (^_^)

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