Sole Proprietorship (not an entity)
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continuity
ends on death- assets distributed through probate
taxation
entity not taxed- owner taxed
fiduciary
n/a
consent to transfer
no
ease of formation
no filing owner simply operates a business
entity agreement name(s)
none
control
one owner
business assets owned by?
owner
form of ownership
owner
management group name
owner
name of owners
owner
transferability
transfer assets vs. interest in entity
liability
unlimited
