Sole Proprietorship Business

Sole Proprietorship Business

A sole proprietorship is the most basic business entity type. By definition, a sole proprietorship consists of only one owner who does business without any formal incorporation. If you add a second owner, then the business automatically becomes a general...
Factors to Consider When Choosing a Business Entity

Factors to Consider When Choosing a Business Entity

We are often asked “what is the best entity type?” There really is no one-size-fits-all answer because each entity may be more or less beneficial for any given enterprise. Rather, it is important for entrepreneurs to consider various factors when choosing...