Business Structure

How to Start a Business? Select the Right Structure

How to Start a Business? Select the Right Structure

Who can you turn to for help to set up the business in the most effective way? There are a number of different ways to organize your business…sole proprietorship, partnership, corporate or LLC to name just a few. Do you know what is best for you? Figuring that out now, […]

By July 28, 2017 Comments are Disabled Business Structure, Sole Proprietorship

Advantages of Sole Proprietorship and Disadvantages of Sole Proprietorship

What are the advantages and disadvantages of setting up a new business as a sole proprietorship? Advantages Simple to set up. Simple to operate. Paying taxes is a minimum of hassle. Less expensive to set up and operate than other business structures. Easy to get out of if the business […]

Define Sole Proprietorship

By July 28, 2017 Comments are Disabled Business Structure, Sole Proprietorship

Examples of Sole Proprietorship

There are millions of examples of sole proprietorship businesses around us that we do business with every day. The lawn cutting person, the newspaper delivery woman, the house painter and the butcher may all be sole proprietorships. When you get out of the realm of one- or two-person businesses, it […]

By July 28, 2017 Comments are Disabled Business Structure, Sole Proprietorship
Sole Proprietorship… Is It the Best Structure for You?

Sole Proprietorship…
Is It the Best Structure for You?

The sole proprietorship is probably the easiest business structure to set up. Typically you can buy the business forms you need at a local stationery store, fill them out, get them notarized and submit them to your County Clerk’s office. A note of caution: because the business structure you set […]

By July 28, 2017 Comments are Disabled Business Structure, Sole Proprietorship