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Ken Uchikura Newsletter Vol. 159 Sole proprietorship, where you can't go without being able to do everything

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Ken Uchikura Newsletter Vol. ...

Sole proprietorship, where you can't go without being able to do everything



What do you think is the biggest difference between a sole proprietorship and a company / organization? It's the number of people. It's obvious, isn't it? Of course, it is. You are a sole proprietor because you are alone. So what's the difference between a company with one person and a company with multiple employees? This is also easy to understand if you think about it. The roles of the jobs that people do are different.

For example, in a large company, there are people in the sales department for sales, and people in the accounting department for accounting. In a company, there is a specialist for every job, and the larger the company, the narrower the scope of responsibility for each employee. Alternatively, in a sole proprietorship, the individual is the president, sales, accounting, and human resources.

As the sole proprietorship expands and hires more people, the responsibilities can be shared among multiple individuals, and the business takes its first steps as a company. Some people in the world become independent from a company and become sole proprietors. These people have jobs that they had not considered before.

Many people who become sole proprietors use the skills they acquired while working as an employee of a company to provide services. However, there are many cases where they have the skills but not the ability to sell. In addition to that, there are many other firsts when you go from being an employee of an organization to a sole proprietor. If you are a sole proprietor or even an independent business owner, I think this is the most difficult part. So while not everyone can become a sole proprietor, the basics of all businesses are included in a sole proprietorship. I think it is worth the challenge. I started my current company alone as a sole proprietor 34 years ago.

Pacific Software Publishing, Inc.
Kenichi Uchikura
President / CEO
Pacific Software Publishing, Inc.
ken.uchikura@pspinc.com

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