A sole proprietor can own the business for any duration of time and sell it when he or she sees fit. As owner, a sole ...

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.

The advantages of a sole proprietorship include: Owners can establish a sole proprietorship instantly, easily and inexpensively. Sole proprietorships carry little, if any, ongoing formalities.

Sole proprietorships and LLCs both have advantages and disadvantages. Sole proprietorships are simpler and cheaper to set up ...

Wondering what an S corp is? Surprise. It’s all about the taxes. Check out our S corp guide for all the details.