A Sole Proprietorship or proprietorship is a type of enterprise which has no legal distinction between the owner and the business entity. It is owned and run by one person. A sole trader does not necessarily work alone—it is possible for the sole trader to employ other people as an employee. A sole proprietorship usually does not have to do incorporation or registration compliance. Being a sole proprietor, it is your responsibility to get common registrations for the smooth running of the business.
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