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 ...

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 ...

If a sole proprietor is wronged by another party, he can bring a lawsuit in his own name. Conversely, if a corporation or LLC is wronged by another party, the entity must bring its claim under the ...

A limited liability company (LLC) is a business structure that is a hybrid between a sole proprietorship, partnership and corporation. Owners generally appreciate the flexibility that LLCs give ...

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 ...

A sole proprietorship isn't a legal business entity like a corporation or limited liability company, or LLC. As a sole proprietor, there's no separation between your business and personal assets ...

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 […] ...

Sole proprietors, partners (including LLC members) and two percent shareholders in an S corporation are not treated as “employees” for purposes of certain benefits. Among those benefits is ...

Leading accountant Pauline Ho founder of Laus Consulting Services LLC in Orlando, FL highlights how she improves profits for ...

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 ...