Sole Proprietor

Pronunciation: /soʊl prəˈpraɪətər/

Definitions of sole proprietor

noun The exclusive owner of a business

Example Sentences

A1 A sole proprietor is someone who owns and runs their own business.

A2 As a sole proprietor, you are personally responsible for all aspects of your business.

B1 Being a sole proprietor can be challenging as you have to manage everything on your own.

B2 A sole proprietorship is a common type of business structure where one person is in charge.

C1 The sole proprietor's decision-making power is absolute in their business.

C2 Establishing a sole proprietorship requires careful consideration of legal and financial implications.

Examples of sole proprietor in a Sentence

formal The sole proprietor of the company made all the major decisions.

informal The sole proprietor is the boss around here.

slang The sole proprietor calls all the shots.

figurative As the sole proprietor of his own destiny, he took control of his future.

Grammatical Forms of sole proprietor

• plural: sole proprietors
• comparative: more sole proprietor
• superlative: most sole proprietor
• present tense: operate as a sole proprietor
• future tense: will be a sole proprietor
• perfect tense: has been a sole proprietor
• continuous tense: is being a sole proprietor
• singular: sole proprietor
• positive degree: sole proprietor
• infinitive: to be a sole proprietor
• gerund: being a sole proprietor
• participle: a sole proprietor

Origin and Evolution of sole proprietor

First Known Use: 1601 year

Language of Origin: English

Story behind the word: The term 'sole proprietor' originated from English common law, where an individual was allowed to conduct business as a single entity.

Evolution of the word: Over time, the term 'sole proprietor' has come to signify a business owned and operated by a single individual, without any legal distinction between the owner and the business entity itself.