CALVINDOL
VIP Contributor
I strongly believe the majority of us here knows what a sole proprietor business is or who is sole proprietor is but my definition is sole proprietor is an individual who runs a sole proprietorship business , and one of the distinguish feature about a sole proprietorship business is that it is managed controlled and established by one individual and individual enjoys all the profits and good incentives that comes in and out of the business but yet it is mandatory that only him suffer as the losses , the problems , and the trials faced in the sole proprietorship business . A sole proprietorship business could indeed be successful and prosperous especially if established in the right direction and on the right foundation .
Given that you have the capital to establish a self-employed sole proprietorship business one of the factors that you need to put into proper consideration before your business establishment of implementation is that of the environment which is otherwise known as the location of the business . The location of the business totally determines the successful rate on which a sole proprietorship business could be . There are actually three subfactors of a business location that you should consider , which is first the taste and preference of the individual living in the particular choosen business environments , the crime rate of the particular choosing business environment , and also the nearness as of sole proprietorship business to its market .
Given that you have the capital to establish a self-employed sole proprietorship business one of the factors that you need to put into proper consideration before your business establishment of implementation is that of the environment which is otherwise known as the location of the business . The location of the business totally determines the successful rate on which a sole proprietorship business could be . There are actually three subfactors of a business location that you should consider , which is first the taste and preference of the individual living in the particular choosen business environments , the crime rate of the particular choosing business environment , and also the nearness as of sole proprietorship business to its market .