A sole proprietorship is a business owned by a single person or by a husband and wife. Sole proprietorships are the most common and least expensive type of business to form, according to Lawyers.com.

This guide explains how an LLC vs. sole proprietorship differs in terms of formation, operations, management, taxes and legal protection. Many, or all, of the products featured on this page are from ...

Compare the pros and cons of sole proprietorship to decide if this is the best entity type for your small business. Many, or all, of the products featured on this page are from our advertising ...