Examlex
Explain the need for and the role of
Sole Proprietor
An individual who owns and operates a business alone, without forming a corporation or partnership.
Fictitious Business Names
Aliases under which individuals or businesses operate that are different from their legal, registered names, often registered with local or state governments.
Professionals
Individuals who possess specialized knowledge or skills in a particular field, often requiring certification or licensing.
Management Flexibility
The ability of a business's management team to adapt to changes or challenges in the operating environment, including strategic decision-making.
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