A sole proprietorship is the most common business form because it is simple to establish and easy to maintain. For the same reasons that it is easy to start a sole proprietorship, and dissolving a sole proprietorship is relatively simple as well. If you own your own business and run it as a sole proprietorship, you can close your business in a few simple steps.
Because only one person can own a sole proprietorship, dissolving one is...
Establishing a sole proprietorship is the most common and basic way to start a new business. In most cases, a sole proprietorship is established by an individual by simply starting a business. At most a sole proprietorship will need a few simple filings to get going.
Sole Proprietorship
Only one owner is involved in a sole proprietorship. There is an exception for spouses, as California law allows a husband and wife venture to be classified as...