Monday, March 4, 2013

Sole Proprietorship --- Is this Popular Business Structure Right for You?

If you’re starting a business, you may be wondering how to legally structure it. Should you incorporate, become an LLC, or operate as a sole proprietor?

Over 70 percent of U.S. businesses are owned and operated by sole proprietors or sole traders.

But what does being a sole proprietor involve and is it the right structure for your small business? Here’s what you need to know about the advantages and disadvantages of being a sole proprietor.

The informaiton above is cited from an www.sba.gov  article.  To read more, follow think provided.

http://www.sba.gov/community/blogs/community-blogs/business-law-advisor/sole-proprietorship%E2%80%94-popular-business-structure

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