proprietor

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proprietor

1. an owner of an unincorporated business enterprise
2. a person enjoying exclusive right of ownership to some property
3. US history a governor or body of governors of a proprietary colony
References in periodicals archive ?
was said to have forged the details on the photocopy of a company's trade licence by changing it from a limited company to one with a sole proprietor, and using the forged document in June.
For example, consulting services account for only 8% of sole proprietor fees and even less for larger firms; nevertheless, the massive layoffs during the recent recession and continuing high unemployment represent an opportunity for growth.
Still, many firms and sole proprietors have a great deal of succession planning work ahead of them.
According to IRS estimates last made for 2001, 70 percent of the sole proprietor tax returns reporting losses had losses that were either fully or partially noncompliant.
A sole proprietor may even be able to deduct losses from the business on the individual tax return to offset income received from other sources.
Lending to sole proprietor businesses in 2005 rose by 1.
New business owners (and most business owners) operate as sole proprietorships and need to understand the three basic IRS forms for sole proprietor tax reporting and payment.
As a sole proprietor, he illustrates the fact that you do not have to own a big business to lead the industry.
Of course, this assumes that the sole proprietor is the only employee of the new entity.
While the artist has ordered bras, panties, and thongs from around the world, she is the sole proprietor of the business, creating an image for her own profit rather than being coopted by an international label to revamp its weary monogram and merchandise.
As the law recognizes no difference between business and personal assets of the sole proprietor, all of these assets pass to the estate of the proprietor for liquidation and the payment of death taxes and estate settlement costs.