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.

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 ...

A sole proprietorship begins with an idea and enough courage to hang out your "shingle," that small sign which says you're open for business. Sometimes, that's all the business needs. However, bigger ...