Sole proprietorship: A sole proprietorship , also referred to as a sole dealer, is owned by one particular person and operates for his or her benefit. In many nations it is tough to compile all of the legal guidelines that may affect a business into a single reference source. Local jurisdictions can also require particular licenses and taxes just to operate a business. The internet provides a robust environment during which businesses can discover out about services and lay the groundwork for future business to business transactions.
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