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If I own 3 businesses 100%, A garden centre, and a Hotel, and a GYM...
- And I want to open a company that only I own. That I can put my businesses under. Would that be a Sole Proprietorship?
For example. Duncan Bannatyne Owns Bannatyne's healthclub, Bannatynes Hotel. But he operates these under 'The Bannatyne Group' - Is that a sole proprietorship, If Only one person owns all businesses under their main 'Parent comapany'?
Thanks
If I own 3 businesses 100%, A garden centre, and a Hotel, and a GYM...
- And I want to open a company that only I own. That I can put my businesses under. Would that be a Sole Proprietorship?
For example. Duncan Bannatyne Owns Bannatyne's healthclub, Bannatynes Hotel. But he operates these under 'The Bannatyne Group' - Is that a sole proprietorship, If Only one person owns all businesses under their main 'Parent comapany'?
Thanks