How to

Explaining, What are the Features of Sole Proprietorship? Sole proprietorship refers to a business organization in which enterprises are controlled or owned by a single person. The sole proprietorship is the oldest form of business enterprise in India. It is the simplest form of business and all the risk or losses are bearer by the single person. Also, if he wants any help they can get it from their friends, family or relatives. It doesn’t require any legal recognition or formalities and simplest way to open a business.