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Introduction
A sole proprietorship is an organization that has one owner who deals with the companies needs like paying for the income tax. Also, it does not get support from the government and also the simplest to form. Moreover, the sole proprietorship has different benefits and disadvantages just to mention a few the formation of the business is not hard and one is his or her boss. However, the disadvantage is that one pays tax personally. Also, Welch cannot be held responsible for the unpaid debt because they are limited liability partners because according to the ...
