182k views
5 votes
What is the difference between a sole proprietor and an independent contractor

User Lihao
by
7.9k points

1 Answer

2 votes

Answer:

Explained below:

Step-by-step explanation:

The differences between a sole proprietor and an independent contractor are as follows:-

1. The chief difference between a sole proprietor and an independent contractor is that an independent contractor normally provides a service rather than a product.

2. A sole proprietorship is the only single-person business of any type while an independent contractor is someone who works for some other person, but not as an employee. etc

User Gil Nave
by
8.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.