Das Einzelunternehmen
Example: Das Einzelunternehmen wächst schnell dank guter Kundenbindung.
Definition
"Das Einzelunternehmen" refers to a sole proprietorship, a business owned and operated by a single individual who is responsible for all aspects of the company and bears unlimited liability. It is the simplest form of business organization commonly used by small entrepreneurs.
Etymology
The term "das Einzelunternehmen" comes from the German words "einzel," meaning single or individual, and "Unternehmen," meaning enterprise or business. It literally translates to 'single enterprise,' reflecting its nature as a business run by one person. Did you know? This straightforward naming highlights the personal responsibility involved in running such a business.
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"Das Einzelunternehmen" appears in the Vocaplus list "German - Entrepreneurship - (A1-C2) - set 1", containing 109 commonly used words.
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sole proprietorship