If you’re getting into business for yourself and want to legitimize your venture, you’ll need to incorporate. Often, the answer is a sole proprietorship. The simplest and most common form of business ...

When you operate a business as a sole proprietorship, there's no distinction between you and the business (as there is with a ...

Sole proprietors and independent contractors are both self-employed, but they may earn money differently. Many, or all, of the products featured on this page are from our advertising partners who ...

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...

This guide explains how an LLC vs. sole proprietorship differs in terms of formation, operations, management, taxes and legal protection. Many, or all, of the products featured on this page are from ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Federal, state and local agencies impose recordkeeping ...

Approximately 23.4 million individual income tax returns reported nonfarm sole proprietorship activity for tax year 2011, a 1.8 percent increase from 2010, according to newly released statistics from ...

In New Jersey there is a rigid distinction in insurance law between small businesses, defined as having between two and 49 employees, and sole proprietorships, which are companies owned and run by one ...

If you’re starting a business, you’ll need to decide on a business entity type. Two popular options among new business owners are sole proprietorships and limited liability corporations (LLC). Which ...