Financial advisers often state that having a sole proprietorship is one way to put everything you own at risk. No set protections for personal assets exist when a business is operating as a sole ...

Closing down a business can be a complex endeavor. It is made easier when the business is structured as a sole proprietorship. Sole proprietors have the luxury of being the sole decision-makers ...

With a sole proprietorship, you and your business are the same legal entity. This means that you are personally on the hook for the debts and liabilities of your business. Personal assets-;such as ...

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 ...

Owning a business can involve various challenging decisions, and one might be whether to set it up as an LLC or maintain it as a sole proprietorship. Personally, as a blogger and social influencer I ...

Choosing between a sole proprietorship and a limited liability company is a critical and unique choice for business owners: Each structure has its upsides and its downsides, and no new business owner ...