Sole proprietorship is a business owned by one person or a single investment. Control the action itself The Company achieved a profit. It will benefit only. While acknowledging the risk of losses from a single well. These types of activities are available throughout many countries. Get the most popular and oldest business. The operation is complex High flexibility in the operation. Business acquisitions are smaller than other examples of this type of business, such as street vendors, retail shops, wholesale salon tailors the farm to do so.