Business Studies, asked by raj83513, 1 year ago

what is sole proprietorship firm?

Answers

Answered by tanmoyvestige
2

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.


vipulaggarwal029: Sole proprietorship means a form of organisation in which there is only owner of business . He himself manages and is the only receipt of all the profit and losses
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