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A Sole Proprietorship is a business model that allows for only one owner. All responsibilities of the business, including all monetary means come from the business owner. All profits and losses are reported on the owner’s personal tax return. A sole proprietorship is the most common of all the business forms; many businesses actually start as sole proprietorship and evolve from there. One of the main disadvantages of a sole proprietorship is that all liability is the responsibility of the owner. Here are some characteristics of sole proprietorship and some of their liabilities.

All liability for a sole proprietorship is the responsibility of the owner. If there is an accident then all the costs would come from the owner. In most cases insurance policies will cover the majority of any claims that might be made. If there are other damages that need to be covered then the owner’s personal possessions and assets will be utilized.

A sole proprietor, according to DOS.NY.GOV is personally res

When you look into mutual funds, you want to make sure that you get all the information so you know exactly where you stand with them. There is much information to learn, and you can find it all online. These funds are investor protected pools of money from different investors who want to put money in on it. They are able to place a small amount down, and then it turns into a larger amount over time. This is a potential opportunity to many investors who have knowledge, and experience in investing with mutual funds before.

You can get into a mutual fund whenever you would like. They give you an opportunity to expand your knowledge of stocks, and bonds throughout their various companies. A lot of investors invest in the same thing to make a bigger pool for the company, or product to grow off of. This is a lucrative opportunity for the companies and investors as well. The companies get the funds they need, and the investors get to make more money off of the amount that they put in.

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