1. Standard Legal Term

• The legally recognized term is sole proprietor
  
• This indicates that the individual is both the owner and controller of the business
  
• The sole proprietor is fully responsible for all operations and liabilities
  
• This term is used in business registration, licenses, and contracts
  
• It identifies the business as individually owned
  

2. Commonly Used Titles

• Apart from “sole proprietor,” people may use owner, founder, or proprietor
  
• These terms are informal but accepted in daily business language
  
• “Proprietor” is commonly used on business cards and signage
  
• In correspondence, owners often sign as “Proprietor – [Business Name]”
  
• These variations help in communicating the ownership role
  

3. Role and Responsibilities

• The sole proprietor is in charge of all business decisions and strategies
  
• They manage daily operations, hiring, customer service, and purchases
  
• The business has no separate legal identity from the proprietor
  
• Their name is often used for contracts and agreements
  
• The responsibilities rest entirely on the proprietor’s capacity
  

4. Usage in Official Documentation

• In applications for bank accounts, licenses, and business registrations, the term “sole proprietor” is used
  
• The owner’s name is listed along with the business or trade name
  
• Identity proofs are submitted in the owner’s personal capacity
  
• Documents often mention “Proprietor Name” followed by “Business Name”
  
• This ensures clarity in the legal recognition of ownership
  

5. Recognition in Business Contexts

• Clients and vendors refer to the owner as the sole proprietor in formal dealings
  
• Business-related forms and correspondence address the individual directly
  
• The business reputation is closely tied to the name of the sole proprietor
  
• No board or partners are involved in ownership
  
• This form of identification reinforces personal accountability and visibility