Important Documents Required for Sole Proprietorship Firm Registration in India
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An independent contractor is referred to as a sole proprietor. He alone establishes the business, manages its operations, and assumes all of its risks. He serves as both the owner and manager of his business. He is solely accountable for any profits and losses incurred by the firm. He may, however, borrow money and employ people to help him; however, the final say and accountability belong to him.
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