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Meaning of sole proprietors
The primary meaning of "sole proprietors" refers to individuals who own and operate their own businesses, having complete control and responsibility for the company.
Etymology of sole proprietors
The term "sole proprietor" originates from the Latin words "sole" meaning alone and "proprietor" meaning owner, which is derived from the Latin word "proprius" meaning one's own.
Historically, the concept of sole proprietorship has existed for centuries, with individuals engaging in trade and commerce as sole owners of their businesses.
Synonyms
entrepreneurs
business owners
founders
owners
managers
operators
proprietors
individuals
solo entrepreneurs
self-employed individuals
freelancers
independent contractors
small business owners
sole traders
single proprietors
one-person businesses
microbusinesses
small-scale entrepreneurs
startup founders
company owners
firm owners
enterprise owners
solo business owners
independent business owners
personal businesses
private businesses
unincorporated businesses
non-corporate businesses
personal enterprises
single-owner businesses
individual entrepreneurs
solo operators
solo managers
solo entrepreneurs
one-man bands
one-woman bands
Definitions
- A sole proprietor is an individual who owns and runs a business, often bearing personal financial responsibility for its operation.
- * The term refers to a business owned and controlled by one person, who is personally responsible for its debts and obligations.
Usage Examples
- Many sole proprietors start their businesses with personal savings and gradually expand as their ventures grow.
- * The tax laws for sole proprietors can be complex, requiring professional advice to navigate.
- * As a sole proprietor, she is personally responsible for all business debts and liabilities.
Antonyms
corporations
partnerships
limited liability companies
public companies
conglomerates
multinationals
large businesses
big businesses
corporate businesses
incorporated businesses
joint ventures
collaborative businesses
cooperative businesses
communal businesses
shared businesses
collective businesses
mutual businesses
cooperative enterprises
communal enterprises