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One of the first decisions you need to make as a new business owner is to decide on an organizational structure. Two common types are sole proprietorships and limited liability companies (LLCs). Both ...

This guide explains how an LLC vs. sole proprietorship differs in terms of formation, operations, management, taxes and legal protection. Many, or all, of the products featured on this page are from ...

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...

Owning a business can involve various challenging decisions, and one might be whether to set it up as an LLC or maintain it as a sole proprietorship. Personally, as a blogger and social influencer I ...

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...

A sole proprietorship begins with an idea and enough courage to hang out your "shingle," that small sign which says you're open for business. Sometimes, that's all the business needs. However, bigger ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

A sole proprietorship is the most basic business form. The owner needn't file with the secretary of state to create the business. Additionally, the owner does not have to follow corporate formalities, ...

With a sole proprietorship, you and your business are the same legal entity. This means that you are personally on the hook for the debts and liabilities of your business. Personal assets-;such as ...

When launching a new business, one of the most critical decisions you'll face is selecting the appropriate legal structure.

If you're gearing up to start a business, you're probably wondering what type of entity you should register as: a sole proprietorship or a limited liability company (LLC). Both are common structures ...