However, a sole proprietorship can only have one owner. In contrast, an LLC provides the option to have multiple. If a business owner wants to operate as an LLC without shared ownership ...

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 ...

Sooner or later, most businesses need to find external funding, whether to invest in research and development, to facilitate ...

Sole proprietorships don’t have any liability protection, so if you want to protect your personal assets you’ll either have to purchase insurance or form an LLC, which does come with limited ...

A sole proprietorship is a business with a single owner (not registered as an LLC or corporation) that is compensated in exchange for providing goods or services. You don’t really register a ...

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

Interested in learning how to start a cleaning business? Our guide walks you through everything you need to know.

Starting your own business as a sole proprietor? That’s exciting. It’s also a little bit scary when you think about it. But don’t let the worry consume you. This guide […] ...

Optional LLC costs can range from just $35 to hundreds of dollars per year. Other popular business structures include sole proprietorships and corporations. What Is an LLC? An LLC—short for ...

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 ...