What is sole proprietor?
Sole proprietor is the only the owner of the business means he is the one who is completely responsible for all the activities of his business and he\’s the only shareholder for the profit of the business and losses of the business
Sole means only and proprietor means owner it means only owner. A business owned , manage amd run by the individual.
A business owned and managed and controlled by a single individual is known as a sole proprietorship organization.