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 ...

Here's when to file your business registration paperwork and how to decide whether a delayed filing (a.k.a. delayed effective ...

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 ...

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 ...

Choosing the best business entity type is an important decision, as it can impact your company's legal protection, tax ...

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 ...

Jen is a freelance contributor to Newsweek Vault. On the path to debt-free living, she’s passionate about financial literacy. She enjoys discovering the best credit card rewards and smart micro ...

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 ...