Sole: Proprietor

: The business ceases to exist if the owner passes away or is incapacitated.

A sole proprietorship is the simplest business structure, where one individual owns and operates the business with between themselves and the company . You automatically become a sole proprietor the moment you start conducting business activities for profit. 1. Key Features & Characteristics Sole Proprietor

: You have 100% control and ownership; there are no partners or boards to consult. : The business ceases to exist if the