A sole proprietorship is a business owned by a single person or by a husband and wife. Sole proprietorships are the most common and least expensive type of business to form, according to Lawyers.com.

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...

Sole proprietors often look riskier to lenders than registered businesses, which could make it tough to be approved for a ...

Starting a business includes choosing the form it will take. A sole proprietorship has a single owner and needs little to organize. Its owner reaps all the profits but also bears all the expense.