Sole proprietorships Q Single person owns the business Q Not separate from its owner in terms of responsibility and liability The business is the owner and the owner is the business Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity 77 Sole proprietorships ⧫Single person owns the business ⧫Not separate from its owner in terms of responsibility and liability ⧫The business is the owner and the owner is the business