One is less expensive, while the other provides more legal protections. Here’s how to decide. Fact checked by Vikki Velasquez Reviewed by JeFreda R. Brown One of the first decisions that anyone going ...

Determining what business structure is right for you is the most crucial step before starting a business. If you’re a first-time or seasoned business owner ready to start a new venture, weighing your ...

If you're gearing up to start a business, you're probably wondering what type of entity you should register as: a sole proprietorship or a limited liability company (LLC). Both are common structures ...

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A sole proprietorship is a business entity where all liabilities and financial obligations pass to the single owner of the business. Those choosing a sole proprietorship are usually in low-liability ...

In New Jersey there is a rigid distinction in insurance law between small businesses, defined as having between two and 49 employees, and sole proprietorships, which are companies owned and run by one ...

One is less expensive, while the other provides more legal protections. Here’s how to decide. Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is ...