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 sole proprietorship is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is ...

This guide explains how an LLC vs. sole proprietorship differs in terms of formation, operations, management, taxes and legal protection. Many, or all, of the products featured on this page are from ...

Sole proprietorships offer easy setup and tax benefits as they lack formal registration requirements. Personal assets are at risk in a sole proprietorship as there's no legal separation from the ...

Starting a business includes choosing the form it will take. A sole proprietorship has a single owner and needs little to organize. Its owner reaps all the profits but also bears all the expense.

Compare the pros and cons of sole proprietorship to decide if this is the best entity type for your small business. Many, or all, of the products featured on this page are from our advertising ...