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.

For many small business owners, the choice will be between a sole proprietorship and a limited liability company (LLC). Here ...

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 ...

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 ...

For nearly a decade, Toni Matthews-El has published business topics ranging from cloud communication software to best steps for establishing your own LLC. In addition to Forbes Advisor ...

While forming an LLC isn’t overly complicated, it does require more effort than a sole proprietorship. Consult with legal advisors when setting up your operating agreement, especially if your ...

Especially if you’re switching to an LLC from something like a sole proprietorship. While it’s possible to handle the process on your own, using an LLC service can simplify state-specific ...

Visit americanexpress.com to learn more. As a sole proprietor, there is no legal separation between you and your business. Still, it's beneficial to separate your business and personal expenses to ...

Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as ...

After a slow start to the year, the number of sole proprietorships in Poland is on the rise, reflecting renewed confidence among entrepreneurs. By September, 241,300 new sole proprietorships had been ...