Posted 12 August 2010 - 21:56. Mine sat in customs then appeared at the door without an update to the tracking information. In fact, my local post office *almost* sent the package back because it required a signature and I was not at home the first time they tried to deliver.
Someone who owns a business or a property is a proprietor. A bookstore proprietor might wish she became a librarian instead so the books would come back. The first part of proprietor sounds a lot like property, and a proprietor is someone with ownership of property. Sometimes a proprietor oversees the business, such as a restaurant proprietor who is also a chef or hostess, and other times a proprietor owns many businesses and has different people running them.
A sole proprietorship is an unincorporated business, owned by one person. From a legal standpoint, the owner and the business are considered one and the same. The implication of this is that both your business and personal assets are at risk should you be sued.