business that separates the owner from the business on a personal level.
broad view of your customer base that leaves out details like occupation and age.
business entity that makes no distinction between you as the owner and the business itself.
financial plan that tracks income and expenses for a fixed amount of time.
1 answer
A sole proprietorship is a:
business entity that makes no distinction between you as the owner and the business itself.
In a sole proprietorship, there is no legal separation between the owner and the business, meaning that the owner is personally liable for any debts or obligations incurred by the business.
