Читать книгу Start & Run a Coffee Bar - Tom Matzen - Страница 54

A sole proprietorship is a business owned and operated by one person. It is operated either in the businessperson’s personal name, or with a trade name. To establish a sole proprietorship, you need only obtain whatever local licenses you require and open your business. It is the simplest form of business structure and operation. We recommend that you operate as a sole proprietorship until your taxable income builds significantly. In most North American jurisdictions, the tax advantages are better for sole proprietorships, but always check with a tax professional in your area.