Question

A sole proprietorship is a small business owned by

Answer 1

The small business administration defines sole proprietorship as an unincorporated business owned and run by one individual, with o distinction between the business and the owner

Answer 2

The Small Business Administration defines a sole proprietorship as an unincorporated business owned and run by one individual, with no distinction between the business and the owner. The sole proprietor is entitled to all profits and is personally responsible for all of the business's debts, losses, and liabilities