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A sole proprietorship is a business owned and run by one person. Although it is the most profitable of all business organizations, this is the smallest in size. To form a proprietorship one would need a license and a fee. One advantage of a sole proprietorship is the ease of starting up. For example if someone has an idea to make a profit then he or she only has to decide to go and do it...
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A sole proprietorship is a business owned and run by one person. Although it is the most profitable of all business organizations, this is the smallest in size. To form a proprietorship one would need a license and a fee. One advantage of a sole proprietorship is the ease of starting up. For example if someone has an idea to make a profit then he or she only has to decide to go and do it...
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