Proprietorship

Property	Value
A technical identifier, unique in a certain context. Technical key	LF153
Language-specific name. Monolingual name	Proprietorship (en)
Language-specific short name. Monolingual short name	Proprietorship (en)
Informal and comprehensive human-readable definition of a concept. Description	A business owned and operated by a single individual who has complete control and responsibility for the business's operations and finances. Proprietorships are the simplest form of business ownership, offering flexibility and ease of setup. The proprietor is personally liable for the business's debts and obligations, and their personal assets are not legally distinct from the business assets.