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Sole Proprietorship - Definition
Below, you'll find a definition of this investing term...

Definition:  A business structure in which a single person owns and operates the entire business.

TeenAnalyst Advice: Sole proprietorships are really easy to get started but they don't offer lots of flexibility.  It's hard to take on investors and not easy to hire employees.

Sole proprietorships are taxed on the individual's income tax return.

 

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