Can you give me some examples of famous companies operating as sole proprietorship business?2 years ago - 3 answers
No, the very rich and famous won't do that, it is far too big a risk to take.
Their investments are either private limited or public listed with controlling holdings.
Don't think you will find any famous companies operating as sole proprietorship.
Much too much personal risk to house and home.
Remember, hope for the best but plan for the worst.
None. Sole proprietorship doesn't provide protection of personal assets separate from the business. Also, when you reach a certain income it's better to incorporate for tax reasons.by kathykoul - 2 years ago