• FirefoxInstall the new Firefox »
  •  
    Small Business

    Question

    Can you give me some examples of famous companies operating as sole proprietorship business?

    a few seconds ago 3 Answers

    Best Answer

    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.
    a few seconds ago

    Other Answers

    • 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 - 7 hours ago

    • Dear Rouge! 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. Sincerely Louis

      by MakeMoneyLouis - 7 hours ago

    Recommended Articles

     
     
     
     
    Yahoo Small Business Services