Can A Sole Proprietor Hire Employees?
September 26, 2022 ⚊ 1 Min read ⚊ Views 106 ⚊ BUSINESS
You can hire people as a solo proprietor. You don’t have to form a limited liability company specifically for this reason. While it’s true that sole proprietors run their companies without any employees, that doesn’t mean they can’t. A “single trader” is someone who establishes a business in their own name rather than partnering with anyone else. As a result, a solo proprietor can be an employer.
Tags: Accountants in London
