Two of the most popular options are sole proprietorship versus LLC. This choice determines whether your business is separate from you as a business owner, with pros and cons to consider either way.

What’s the difference between having an LLC and a sole proprietorship, and which is better for protecting my finances?” Thanks for your question, Wasittha! The business entity you choose is an ...

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 ...

will choose between remaining a sole proprietorship, which requires no paperwork at all, and an LLC. LLC stands for "limited liability company," which is a business structure that combines the ...

It can sometimes be difficult for artists to focus on the business aspect of their profession. Creating art is their passion, and the business end ...

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 ...

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 ...

While the decision to create an LLC is a personal one, here are a few signs sticking to a sole proprietorship might make more sense: The decision to form an LLC is a personal one that depends on ...