Sole proprietorship: Owned by one person with unlimited liability because there is no legal separation from the business and the owner
- Most common form of doing business
- No shareholders
- Owner is personally liable
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One of your top priorities as a small business owner is keeping a close eye on the money you bring in and pay out, which is why it’s critical to have the right accounting software. You need a program that helps you accomplish your daily accounting tasks. Here are our best picks for tools we recommend and use.