This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Federal, state and local agencies impose recordkeeping ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

Choosing a business structure is an essential step in the process of launching a new business, one that has many impacts on how a business operates. A business's structure describes its legal ...

A sole proprietorship operates as an alter ego of a business owner. It is not an independent legal entity like a corporation or limited liability company and does not have to file formation paperwork ...

When you're starting a small business on your own, choosing a setup - or business structure - can seem daunting. As a business owner, you'll most likely first choose whether to run your business as a ...

Choosing between a sole proprietorship and a limited liability company is a critical and unique choice for business owners: Each structure has its upsides and its downsides, and no new business owner ...

A sole proprietorship gives you full control, but your personal and business assets are one and the same. Many, or all, of the products featured on this page are from our advertising partners who ...

A sole proprietorship gives you full control, but your personal and business assets are one and the same. Many, or all, of the products featured on this page are from our advertising partners who ...