A sole proprietorship is a business owned and managed by one individual who is personally liable for all business debts and obligations.
Sole proprietorships are the most common - and simplest - form of business organization. Sole proprietorships are owned by one person who is generally also responsible for the business’s day-to-day
The legal name of a business is the name of the person or entity that owns a business. If you are the sole owner of your business, its legal name is your full name. If your business is a partnership, the legal name is the name given in your partnership agreement or the last
The resources on this page explain the basic steps most business owners will need to take when starting or expanding a business in Alaska. If you are already a business owner, and want to find out about your legal requirements, visit our Operating a Business page.
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