If a husband and wife start a small business is it a sole proprietorship or a joint venture or a partnership?

Please give a source. Thanks.If a husband and wife start a small business is it a sole proprietorship or a joint venture or a partnership?
find answers to all of your small business questions from the small business administrationIf a husband and wife start a small business is it a sole proprietorship or a joint venture or a partnership?
It is not a sole proprietorship. it may be joint venture or may be partnership. If it is only for a particular period/objective ,it is J.V. otherwise it is treated as partnership.Relationship is immaterial.Here is two person operating business and they become partner , not proprietors.
It's a sole proprietorship. It would make no sense for them to be a partnership, because the significant would assume an equal share of the liability of the business (instead of just the husband/wife). Joint ventures are between businesses.
It depends. When I started my small home business, where I live, since I am married it is a joint venture.








You'll have to check your local tax laws and business regulations.





Right now, when we file our joint tax return, all business records are included in it.
Depends on whose name is on the deed. If both are then its a


partnership.
It could be setup any way you want it. The business could be setup as a corp (either S-Corp or C-Corp), partnership (as was mentioned) or, through some paperwork, it could mention that either spouse is the owner of the business. Of course, both a jointly responsible for debts incurred.
it is a sole proprietorship my and my spouse both own 2 business together We do mary kay and agel and because we are married it is solely owned!
I think it depends what state your in... I'm in Michigan , and thats a dower state. a wife owns half of what her husband has, regardless if her name is on it or not. but, only a few states are like that. Some are curtsy states, where the man has rights to the wifts items. Call an attorney. :) I work for a family company, its an LLC. Hope that helps...
Its not a partnership i think thats when two compaanys (or small businesses) work together. I think its a joint venture.Actually i really dont know. but i thought that is what a partnership is.