Basic forms of business ownership.

Sole pro­pri­etor­ship: A sole pro­pri­etor­ship is owned by one per­son and oper­ates for their ben­e­fit. The own­er may oper­ate the busi­ness alone or with oth­er peo­ple. A sole pro­pri­etor has unlim­it­ed lia­bil­i­ty for all oblig­a­tions incurred by the busi­ness, whether from oper­at­ing costs or judge­ments against the busi­ness. All assets of the busi­ness belong to a sole pro­pri­etor, includ­ing, for exam­ple, com­put­er infra­struc­ture, any inven­to­ry, man­u­fac­tur­ing equip­ment and/or retail fix­tures, as well as any real prop­er­ty owned by the business.

Sus­pendisse mol­lis sagit­tis dui at biben­dum. Prae­sent dui elit, con­secte­tur vel tel­lus ali­quet, mat­tis con­va­l­lis sem. Sus­pendisse facil­i­sis dic­tum lobor­tis. Duis plac­er­at purus vel turpis dic­tum, eget sagit­tis odio posuere. Sed congue a ris­us sit amet condi­men­tum. Sed eleifend turpis leo, nec sus­cip­it dolor rhon­cus sit amet. Donec com­mo­do, ante in con­va­l­lis ali­quet, mau­ris quam ultricies nisi, a feu­giat eros purus in ante. Sus­pendisse mi quam, com­mo­do ac mas­sa ornare, male­sua­da mol­lis nunc. Cras eu bland­it neque. Cur­abitur port­ti­tor vene­natis luc­tus. Nul­lam pel­len­tesque ante arcu, rutrum scelerisque jus­to phare­tra sed. Donec sit amet est odio. Mau­ris sagit­tis purus nisi, eget iac­ulis jus­to pretium at. Mau­ris com­mo­do lacinia ris­us, sit amet iac­ulis ante. In eges­tas libero ipsum, at feu­giat felis sol­lic­i­tudin a. Sed inter­dum, erat eget lobor­tis dic­tum, lorem ligu­la plac­er­at leo, nec por­ta leo magna ac dolor.

Donec pul­v­inar in elit quis vene­natis. Aenean dolor diam, fer­men­tum nec orci a, molestie vulpu­tate nibh. Cur­abitur rhon­cus ornare nul­la, a dig­nis­sim dui tem­pus at. Sus­pendisse fringilla lobor­tis elit vel feu­giat. Sed et hen­drerit ante. Inte­ger iac­ulis biben­dum ullam­cor­p­er. Nul­la ac accum­san enim. Pel­len­tesque sit amet nunc id arcu pul­v­inar fer­men­tum vitae id augue. Mor­bi nisl tor­tor, sus­cip­it et orci at, iac­ulis tris­tique sapi­en. Prae­sent et iac­ulis nisl. Duis vehic­u­la ornare tor­tor. Cur­abitur ut libero ali­quet, sol­lic­i­tudin orci vel, lobor­tis jus­to. Inte­ger viver­ra augue sit amet pul­v­inar eleifend. Phasel­lus tem­por est eu mi fau­cibus por­ta. Donec sus­cip­it libero vitae mau­ris posuere, quis tin­cidunt nul­la rutrum. Eti­am eu diam eu mau­ris rutrum congue.