4 ms·

Well if its outsourced is it really a single person company?

• criddell 9y ago
  Is 100% of the equity owned by one person? Then I would say yes. Just because I hire somebody to clean my office, doesn't mean it's not a one-person company.
  • yellowapple 9y ago
    I personally disagree with that analogy (I'd consider the hiring of any additional labor to deviate from a company's "one person" state, custodial personnel included). I also disagree that equity is the only consideration for similar reasons (if I own 100% of the equity, but run an office with a receptionist and service desk and programmers, that's very obviously not "single person").
  • dwg 9y ago
    100% ownership does not imply no employees. Also, there's a difference between hiring software engineers, who will be engaging in activities related to your core business, and hiring someone to clean. If the owner does not, or is not able to build and maintain their software, some will consider this to not be a single person business (regardless of how the extra help is contracted).
  • jklein11 9y ago
    I work at a company that has 50 employees and 100% of the equity is still owned by 1 person. Is that a 1 person company?
  • deleted 9y ago
    [deleted]