Tag Archives: Sole Proprietorships
What You Need to Know About Being a Sole Proprietor
You are legally entitled to run a business and make money (or suffer losses) as an individual. This is simply known as a sole proprietorship. You can make products and sell them or offer personal services for a price without forming a separate legal entity like a corporation or limited liability company (LLC). There… Read More »
Florida Business Entities: Sole Proprietorships, Partnerships, Corporations, and LLCs
There are four main types of business entities in Florida: sole proprietorships, partnerships, corporations, and limited liability companies. There are some major differences between them in areas such as governance, taxation, filing requirements, and liability. If you are planning to form a business in Florida, it is important to understand the differences to choose… Read More »
