sole proprietor definition

sole proprietor

Sole owner of a business; a self-employed person such as a grocer, plumber, or taxi driver. He or she directs the affairs of the enterprise, bears its risks and losses, and takes the profits and benefits. Also called sole trader.

sole proprietor is in the Accounting & Auditing, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.

sole proprietor appears in the definitions of the following terms: common law employee, owner-employee, self-employed, entrepreneur and sole trader

sole proprietor appears in these other term: sole proprietorship

This content can be found on the following page:

http://www.businessdictionary.com/definition/sole-proprietor.html