proprietorship

(redirected from Sole proprietorship)
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Synonyms for proprietorship

the fact of possessing or the legal right to possess something

Synonyms for proprietorship

an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits

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References in periodicals archive ?
Total business receipts (the sum of "income from sales and operations" and "other business income") for all nonfarm sole proprietorship industries increased 2.
Like a sole proprietorship, no official paperwork is required to form a partnership.
Example: Joe owns a sole proprietorship that operates a retail shop.
A general partnership, like a sole proprietorship, does not shield the individual partners from the liabilities of the partnership.
Our statistical results indicate that there is not a statistically significant association between marginal tax rate changes and sole proprietorship net income or sole proprietorship expenses.
Quicken TurboTax Home & Business is designed for the individual who files Form 1040 and Schedule C for his or her sole proprietorship.
Once the business begins to grow the sole proprietorship may no longer be the best organizational form.
If the assets of the sole proprietorship cannot satisfy the debt, creditors can go after the owner's personal bank account and assets.
If you are serious about making this work, pick your legal business structure (a sole proprietorship is probably the best choice for a home-based business), promote your business at every opportunity, and manage your time wisely so that your home-based business doesn't hurt your productivity at your full-time job.
The SOI nonfarm sole proprietorship program began identifying these entities for Tax Year 2001.
Using a typical model, assume that Paul wants to sell his sole proprietorship, valued at $5 million, and he has $2 million of taxable built-in gain.
Featuring photocopiable legal, business, and accounting forms, this workbook is designed to help the beginning entrepreneur to set up a sole proprietorship in any state without using an attorney.
Darle acquired the business from his father and initially operated it as a sole proprietorship.
Both the brochure and speech, "Selecting the Right Structure for Your Business," offer guidance on forming a sole proprietorship, partnership, limited liability company and S or C corporation.
Absent an election, an SMLLC is taxed as a sole proprietorship and files Form 1040, Schedule C.