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 ...

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

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 ...

Get free guidance and exclusive deals to grow your business with business.com+ Business News Daily provides resources, advice and product reviews to drive business growth. Our mission is to equip ...

Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.

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 ...

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, ...

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 ...