proprietorship$64605$ - translation to ελληνικό
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proprietorship$64605$ - translation to ελληνικό

BUSINESS LEGALLY SYNONYMOUS WITH ITS OWNER
Sole Proprietorship; Sole trader; Sole proprietor; Proprietaryship; Sole proprietors; Sole traders; Sole proprietorships; Proprietorship; Sole Trader; Propreitership; Sole-proprietorship; Individual proprietorship

proprietorship      
n. ιδιοκτησία

Ορισμός

sole trader
A sole trader is a person who owns their own business and does not have a partner or any shareholders. (BUSINESS)
Finance for a sole trader usually comes from the individual's own savings or from family and friends.
N-COUNT

Βικιπαίδεια

Sole proprietorship

A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work alone and may employ other people.

The sole trader receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor, and all debts of the business are that of the proprietor; the business is not a separate legal entity. The arrangement is a "sole" proprietorship in contrast with a partnership, which has at least two owners.

Sole proprietors may use a trade name or business name other than their or its legal name. They may have to trademark their business name legally if it differs from their own legal name, with the process varying depending upon country of residence.