sole proprietors

One-person business owners

Sole proprietors is the plural of sole proprietor—a person who owns and operates a business alone, without partners or corporate structure.

The owner and business are legally the same entity, meaning personal assets are on the hook for business debts: Many freelancers and small shop owners are sole proprietors.

It's the simplest form of business ownership.

Opposites
business ownership structure

sole proprietorscorporations

Legally incorporated business entities

partnerships · joint ventures · LLCs · conglomerates · business partners

individual vs. collective enterprise

sole proprietorscollectives

Groups acting unitedly

cooperatives · worker cooperatives · syndicates · consortia · business partners

employment relationship

sole proprietorsemployees

Paid staff members

wage earners · salaried workers · subordinates · corporate employees · workforce

Family

sole, proprietor, soles, soled, solely, proprietors, proprietary, propriety, proper

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