The simplest form of business is called an individual or sole proprietorship.

业最简单形式是个人业独资业。

This means the proprietor receives all the profits, but must also pay all the debts of the business.Also, any legal action against an individual proprietorship is taken against the owner.

所有者独占所有盈利，但也需独力支付所有债务以及承担对独资业提出任何法律诉讼。

The simplest form of business is called an individual proprietorship.