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As a solo business owner, the choice to operate as a sole proprietor or form a limited liability company (LLC) can make a significant difference in how you run your company from a legal, tax and management perspective. Here’s what you need to know to choose whether a sole proprietorship or LLC is the best structure for your business.
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What Is a Sole Proprietorship?
A sole proprietorship is an unregistered business that’s owned by the individual running it. A sole proprietorship is the default…
