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proprietorship

proprietorship

3 7.0
A business owned and run by one person who keeps the profits and accepts all losses
  • noun
  • /prəˈpraɪəˌtərˌʃɪp/
  • Specialized
translation icon : propietorship
  • Or any individual who operates under a sole proprietorship with or without employees or as an independent contractor.

Plus, if you're set up as an LLC or just as a sole proprietorship, Collective can elect your S Corp status tax status for you.

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Examples

  • Do you go with an LLC, an S-Corporation, a C-Corporation, a Sole Proprietorship, or a Partnership?

    Blog text (3)
  • Just make sure it's an INC or an LLC; a sole proprietorship doesn't afford the same protection.

    Blog text (16)
  • So I became a sole proprietorship and I just kept doing research on it always like kind of learning from it.

  • So your choice really comes down to a sole proprietorship or an S Corporation.

    Blog text (15)
  • Sole owners may form as a sole proprietorship, which requires a Schedule C on Form 1040, U.S. Individual Income Tax Return.

    Academic text (2018)
  • You've got your, you know, sole proprietorship, which just means that you're running it off your name or you can set up a corporation.

  • Yogurtland is actually a sole proprietorship and it is in fact, coffee bean that's owned by the parent company, Jollibee Foods Corporation.

  • To facilitate interpretation, we examine the number of proprietorships per 1,000 people and employee establishments per 10,000 people.

    Academic text (2018)
  • She opened a proprietorship to combine her passion for baking with her desire to run a business.

  • After much consideration, he decided to run his photography service as a proprietorship to keep all the profits.

Antonyms

161 2.9

A business where two or more people run it together and share the money and losses

Compounds

An official paper that shows who owns and is responsible for a business owned by one person

How Big

corporation
3.7
company
1.0
proprietorship
  • Specialized
3 7.0

Surface Forms

Morphology

proprietorship = proprietor (transparent) = proprietor + ship

Meaning is directly derived from 'proprietor' + the productive suffix '-ship' denoting the state, office, or condition of being a proprietor.

Etymology

Proprietorship comes from proprietor and property, and from the old Latin word proprius meaning 'own'. So a proprietorship is simply a business that one person 'owns' and runs, keeping the profits and taking the risks.