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Sole Proprietorship

A sole proprietorship is a business owned and operated by a single individual. There are few legal requirements to be met to establish a sole proprietorship. If an individual is operating the business under a name other than his/her own full first and last legal names, the business name must be registered as a trade name online with the Secretary of State at sos.state.co.us. This is the most common form of legal structure for new small businesses.

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