Sole proprietorship!

An operator, also know as individual entrepreneurs or sole proprietorship is a type of business owned by an individual and operated and there is no legal distinction between home owners and married business. 

A sole proprietorship, conjointly referred to as the only real dealer or simply one of the unique ones, The sole proprietorship is a type of owned and operated business natural person, there is no legal distinction between the owners and the business. The owner is direct control of all elements, including this company and its financial and debt financing, loans, losses, liabilities as a result. 

One trader receive all income ( in particular the subject of tax for companies ) and has unlimited liabilities for debt and losses. Each companies belong to all liabilities of owners and business operator. It is "fair" to the property of the association ( at least two owners).

A single operator can used brand name or company other than her official name. Can be their business name legal under another brand of their own legal name, the process varies from company to company.

Profit and losses are taxed on individual income tax yield. Sole proprietors, including the company, the simplest form of the company is operational. A sole proprietor is not a corporate entity. It also own the business and personal point to responsible for that debt. If you are sole owner of business, you are a sole proprietor who is doing business right.

Advantage of sole proprietorship:

The only trader actually offers great benefit, but one of the great benefit and control is to keep you control as business owner. The only trader will operate it self without an official partner. When you own a business, you have a complete control over this decision making impact on your business. 

Another advantage of a single legal business entity is its simplicity. Inc. This magazine teaches that its business is the simplest form of business structure. Some owners usually need little documentation or legal documents.

I have an owner of a business owner. Owner's personally responsibility : Owner does not have limited personal responsibility for commercial obligations. Taxation on tax: Because the profit and loss is transferred by the sole owner. it is not subject to taxation. 

• A single owner has complete and decision-making power in business. 
• Sale and transferred can be at the discretion of the owner only. 
• There is no corporate tax payment. 
• Minimum legal fee for generating single ownership. 
• My personal requirements. 

Disadvantage of sole proprietorship:The main disadvantage of individual business owners are as follow. Unlimited liabilities: your small business as the only trader is the personal responsibility for all debt and action of the company. 

Sole proprietor of a single ownership may personally resist debt and commercial obligation, In addition, this risk relates to the obligations arising as the result of measure taken by our employees. 

All business responsibilities and decision are an alternative to independent ownership. 

Investors are generally not single trader investor.

Most business support projects by using loans and personal assets. Some companies incorporate business as business grows, other have their own property for many years.