A sole proprietorship is a business owned by a single person or by a husband and wife. Sole proprietorships are the most common and least expensive type of business to form, according to Lawyers.com.

An individual who is running a business without the help of partners. The advantage of this way of doing business, is that control is in the hands of one person, as they are both owner and manager. A ...

The most common and simplest form of business is a sole proprietorship. An individual proprietor owns and manages the business and is responsible for all transactions. The owner is also responsible ...

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 ...

If you're starting a small business, generally the first step is setting up the legal structure of your business. There are several options, even if you're running a solo operation, which can get ...

A single-member limited liability company still allows you to file your taxes just like a sole proprietor, meaning you're not hit with both the corporate tax and the personal income tax. Plus, as the ...