SOLE PROPRIETORSHIP

Our network of professionals are able to get constant referrals from anyone who visits our site.

1. Answer a few simple questions about your company.

2. We will take care of the paperwork and the filing of your documents

3. You will receive hard copies of your Sole Proprietorship package via mail.

How It Works

Liability

Taxes

 An LLC is a hybrid between a partnership and a Corporation in that it combines the "pass-through" treatment of a partnership with the limited liability accorded to corporate shareholders.

As a sole proprietor one will be responsible to report all business profits as personal income. One must also pay self-employment tax on those profits in order to cover Social Security and Medicare.

Hard to Raise Capital

Preparation

It is more difficult to raise capital as a sole proprietor. There are no partners, shares, or membership interests in a sole proprietorship. As a result it can be tough to attract investors without first changing one’s business structure.

Setting up a sole proprietorship is no trouble, but it isn't a bad idea to be prepared.

Get in touch with us today and we can help you to find ways to limit your liability, teach you about the possible need for business licenses or DBA filing, and give you tax advice.