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As there is no separate entity under the law for a sole proprietorship business, contracts are normally signed by owner under his or her personal name. Even if the business uses a fictitious name, the owner will usually have his or her name written down in the checks issued by the clients.
A sole proprietorship is a non-registered, unincorporated business run solely by one individual proprietor with no distinction between the business and the owner. The owner of a sole proprietorship is entitled to all profits but is also responsible for the business's debts, losses, and liabilities.
Naming a sole proprietorship A sole proprietorship has no existence separate from its owner. Therefore, the legal or true name of a sole proprietorship is its owner's full name.
If I'm doing business as a sole proprietorship, I should sign contracts in my individual capacity, even if I'm doing business as, say, the Contracts Guy. So I should sign my business's contracts as ?Brian Rogers, doing business as [or d/b/a] the Contracts Guy.?
We've compiled a list of eight different types of businesses that make good sole proprietorship examples. Freelance Writer. A freelance writer provides written content for clients, either for print or digital publication. ... Photographer. ... Personal Trainer. ... Plumber. ... Freelance Graphic Designer. ... Housekeeper. ... Bakery Owner. ... Tutor.