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  2. Business - Wikipedia

    en.wikipedia.org/wiki/Business

    Forms of business ownership vary by jurisdiction, but several common entities exist: A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner operates the business alone and may hire employees.

  3. List of legal entity types by country - Wikipedia

    en.wikipedia.org/wiki/List_of_legal_entity_types...

    There are three main forms of business: (a) Sole Proprietorship (b) Partnership (c) Company Sole Proprietorship; In a sole proprietorship, an individual on his/her own account carries out the business or profession. No formal procedure or formality is required for setting up a sole proprietary concern. Partnership

  4. Sole proprietorship - Wikipedia

    en.wikipedia.org/wiki/Sole_proprietorship

    A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by only one person and in which there is no legal distinction between the owner and the business entity. [1] A sole trader does not necessarily work alone and may employ other people.

  5. The pros and cons of being a small business owner - AOL

    www.aol.com/finance/pros-cons-being-small...

    The pros of being a small business owner include financial and emotional rewards as your business succeeds. The downsides are that you assume personal risk and responsibilities when owning a...

  6. How much does the average small business owner make? - AOL

    www.aol.com/finance/much-does-average-small...

    The average small business owners salary in the U.S. stands at $99,979, according to ZipRecruiter’s average salary data by state. The typical salary range for a small business owner is ...

  7. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

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