A sole proprietorship is a business owned by one person or a married couple. It is the easiest and least expensive of the business structures to form. According to most recent data from the Internal ...

Owning your own business can be both personally and financially rewarding. One of the most important decisions you make when starting your own business is what legal form the business will take.

A sole proprietorship is quicker and easier to start than other business entities. Plus it gives you full control over your business. But you also take on full liability risk with no protection of ...

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 ...

Can you open a business account without an EIN? Yes! Learn which business types qualify, required documents, and when getting an EIN may be smart.

Sole proprietorships are easy to start with no special paperwork, ideal for testing business models. Personal assets are at risk in sole proprietorships due to lack of legal separation from the ...

The sole proprietorship is both the simplest and most common type of business operating in the United States today. Most businesses that are owned and operated by one person take this form; in fact, ...

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 ...

Sole proprietors can use a business credit card to build credit, earn rewards and even out cash flow. Learn how to improve ...