Federer has won the most matches in Grand Slam events (307) and is the first to record 65+ wins at each Grand Slam tournament. Federer's ATP tournament records include winning a record six ATP World Tour Finals, playing in the finals at all nine ATP Masters 1000 tournaments (a record shared with Djokovic and Nadal).
Business Entity Principle. The business entity concept is an accounting principle that requires a business to be accounted for and treated as a separate entity from its owners. In other words, GAAP realizes that a business and its owner are two different things. The business is the entity that attempts to generate profits from its operations; where as, an owner is someone who attempts to generate returns on his or her investment in the business.
Independent business. An independent business is a business that is free from outside control. It usually means a privately owned establishment, as opposed to a public limited company, the latter of which is owned by investment shares traded in the stock market. In many cases, independent businesses are sole proprietorship companies.