Sole Proprietorship Agreements

A sole proprietorship agreement is a document that outlines the structure and rules for a business owned and operated by a single individual. Although sole proprietorships are often informal and easy to set up, a written agreement can clarify business operations, financial matters, and responsibilities. It can cover topics like how profits are handled, how decisions are made, and what happens if the owner wants to sell or close the business. This agreement helps protect the owner's interests and ensures that there is a clear understanding of how the business will function.