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Business Organizations Reading Room Sole Proprietorships Rusty Rumley Staff Attorney. Introduction The sole proprietorship is one of the simplest forms of business structures and is effective without any legal filings. See the following examples Example 1 A farmer operates his farm as a sole proprietorship part time and also works in town to supplement his income. This limitless exposure to risk makes the sole proprietorship an unattractive option for a they create a different structure once...
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