sole proprietorship Archives

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5 Top Strategies to Grow Your Sole Proprietorship

Is your sole proprietorship stuck in a rut? You've poured your heart and soul into building your business, but reaching the next level can feel like an uphill task. Without a team to bounce ideas...

byBrett Shapiro

March 13, 2024

The 7 Benefits of Forming a Corporation

With 2024 still new, many entrepreneurs are about to start or have just started a new business. After all, January or, more broadly, the first quarter of any year can be a favorable time to...

byBizFilings

January 23, 2024

Which Entity Should E-commerce Businesses Choose for Incorporation?

Should an e-commerce business file for incorporation? The short answer is yes. It is possible to run an e-commerce business as an unregistered entity. This is a default business formation known as a sole proprietorship....

byMyCorporation

February 2, 2022

WJR Business Beat with Jeff Sloan: Sole Proprietors Suffered The Most During The Pandemic (Episode 272)

On today's Business Beat, Jeff discusses how sole proprietorships, the smallest of small businesses, suffered the most during the pandemic. Tune in to the Business Beat, below, to learn more about the impact of the...

byStartupNation

August 9, 2021

4 Factors to Consider When Choosing a Business Structure

Structuring your business is one of the first—and most important—decisions you make in your entrepreneurial journey. Your business entity impacts everything from taxes to daily operations. But if you’re just starting out, you might not know...

byRachel Blakely-Gray

March 31, 2021

How to Become Incorporated and Why to Incorporate Your Business

On your small business journey, you will encounter many forks in the road. Choosing the right direction for your company as it matures may seem daunting at times. One of the “forks” you must consider...

byNav

January 30, 2020

Which Entity Should You Incorporate Your E-Commerce Business As?

You’ve drafted a detailed business plan, identified your unique selling proposition (USP), and defined your business model. It’s almost time to launch your e-commerce business! Before you open your virtual doors and begin taking orders,...

byMyCorporation

September 16, 2019

What Do Freelancers Need to Know About Incorporating?

In 2018, a survey from Upwork in partnership with the Freelancers Union revealed the state of freelancing in the United States. Given the continual rise of freelance work, it wasn’t completely shocking to see that...

byMyCorporation

April 23, 2019

What is the Best Type of Business Entity for Your Home Based Business?

Solopreneurs of the world, unite! This year, FlexJobs released “The State of the Remote Job Marketplace” report that outlined what the current remote work industry and its workers looks like. Nearly four million workers, 3.9...

byMyCorporation

July 16, 2018

Sole Proprietor? Here’s What You Need to Know About Filing Taxes

The first thing to know about being a sole proprietor is that a sole proprietorship is a specific type of business structure where the individual and the business are seen as the same entity. Is...

byMichelle Mire

March 21, 2018

3 Things Entrepreneurs Need to Know About Business Insurance

Many entrepreneurs are the “big picture” people among us; they have that rare combination of dreamer and doer. As such, most of the calls I get from entrepreneurial clientele is after they have started up...

byReuben Dourte

February 16, 2018

Business Registration 101 for Franchises, Startups and Amazon Sellers

So, you’ve got your small business idea — whether that takes on the form of a startup, franchise or Amazon seller — with a business plan drafted up. You’re ready to begin with the registration...

byDeborah Sweeney

October 10, 2017

Do You Need Personal Liability Insurance for Your Business?

Everybody, whether they are business owners or not, should be covered by personal liability insurance. While it won’t cover business activities, business owners can use it as a safeguard for their finances and business assets....

byRyan Hanley

May 31, 2017

To Incorporate or Not? The Many Small Business Structures

To incorporate, or not? It’s a perennial topic that has plenty of surrounding myths. As with so many things, there isn’t one right answer. Entrepreneurs, especially those who work solo, have choices. There are three...

byAnn Logue

March 30, 2017

Business Structures: The Facts & Figures

What business structure should you choose? Although there a lots of very important questions that a business owner, or owners, must ask when starting a business, perhaps of one of the most important is: How...

bySteve Cook

November 25, 2014

Business Financing and Structure

One of the most important, and yet the least understood part of your business financing is how your business will be structured. You can choose one of six options: Sole Proprietorship, General Partnership, Limited Partnership,...

byChris Rugh

May 18, 2010

Don’t Expose Your Assets!

There you are. You just finished reading Rich and Jeff Sloan’s book and you are fired up! You have an idea that you are certain will make make the invention of those small yellow sticky...

byJessica Eaves Mathews

May 31, 2008