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 ...

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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 ...

If you’re getting into business for yourself and want to legitimize your venture, you’ll need to incorporate. Often, the answer is a sole proprietorship. The simplest and most common form of business ...

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 a form business that essentially fuses the company and person into one entity under tax laws. You might want to start a sole proprietorship because it is an old, common and ...

If you’re starting a business, you’ll need to decide on a business entity type. Two popular options among new business owners are sole proprietorships and limited liability corporations (LLC). Which ...

Starting a legal structure for your business is crucial for its success. Understanding the foundational steps to establish a solid legal framework can set you on the path to growth and sustainability.

Sole proprietorships—run by freelancers, consultants or other independent contractors—typically have simple taxes compared to other business structures. However, there are specific tax guidelines sole ...