For many small business owners, the choice will be between a sole proprietorship and a limited liability company (LLC). Here is what you need to know about how each one works so you can decide which ...

If you’re looking for the quickest and simplest way to start selling products or services, you may want to consider a sole proprietorship. Actually, if you’ve sold products or services before ...

As such, interest in independent business structures has also been growing – with many looking towards sole proprietorship as a way of legitimizing their freelancing gig or side hustle.

Choosing the right legal structure for your business can make the difference between success or failure. Explore the pros and ...

Two of the most common forms of business for individual and small business owners are sole proprietorships and limited liability companies (LLCs). A sole proprietorship and LLCs share some ...

The QBI is set to expire at the end of 2025, which could raise the tax liability for thousands of small businesses. Here's ...

Christine is a non-practicing attorney, freelance writer, and author. She has written legal and marketing content and communications for a wide range of law firms for more ...

This is the most popular way of trading in the UK, with 4.24m sole proprietorships recorded as of July 2024. By contrast, a limited liability company is a separate legal entity to you, with separate ...