Famous sole proprietorship companies

What companies started as sole proprietorships?

Some examples of famous companies that started as sole proprietorships include: A&W: J. Willard Marriott famously started a root beer stand as a sole proprietorship that eventually became the A&W restaurant chain. He did this before eventually forming the Marriott hotel chain in 1957.

What makes a good sole proprietorship?

Those choosing a sole proprietorship are usually in low-liability career fields and seek the administrative ease and flexibility that comes with this type of entity. We’ve compiled a list of eight different types of businesses that make good sole proprietorship examples.

Who are some famous sole proprietors?

Famous sole proprietors include Pierre Omidyar, who founded eBay; Paul Orfelea, who founded Kinkos; and Ann Withey, co-creator of Smartfood popcorn and founder of Annie’s Homegrown.

Are sole proprietorships a mom-and-pop business?

Sole proprietorships aren't necessarily mom-and-pop businesses. Some of the most well-known brand names have their roots in a sole proprietor business structure. We profile a few large companies that were started by sole proprietors. Sole proprietorships offer a flexible and convenient structure for small businesses.

What are some examples of a sole proprietorship?

Famous sole proprietors include Pierre Omidyar, who founded eBay; Paul Orfelea, who founded Kinkos; and Ann Withey, co-creator of Smartfood popcorn and founder of Annie’s Homegrown. None of these companies currently exist as a sole proprietorship, but each serves as an example of a proprietorship’s potential for success.

What is a sole proprietor business?

Sole proprietor businesses are capable of handling complex business strategies and achieving significant growth. Some of the most recognized names in business actually began as sole proprietorships. Although you wouldn't know it to look at them now, these companies were birthed with a single person at the helm of a small business. eBay