For many small business owners, the choice will be between a sole proprietorship and a limited liability company (LLC). Here is what you need to know about how each one works so you can decide ...

The structure you select will impact your taxes, liability, and overall management of the business. Two popular options are the sole proprietorship and the S corporation (S Corp). Understanding ...

Farm owners and operators have five main business entities to select from. They include sole proprietorship, general partnerships, limited liability partnerships, ...

A business that legally has no separate existence from its owner. Income and losses are taxed on the individual's personal income tax return. The sole proprietorship is the simplest business form ...

Do you own a business on sole proprietorship and thinking about taking it to the next big level? Well, you can consider ...

Commissions do not affect our editors' opinions or evaluations. Are you running a business and wondering which sole proprietorship bank account is best for your needs? Whether you’re a new ...

Before we dive into which entity option is the best for your farm, let’s review your options: Sole Proprietorship: Simply the individual farmer doing business without an entity. The farmer is ...