Choosing the Right Type of Entity For Your Small Business

The High Cost of Doing Business as a Sole Proprietorship

Many people think it is easier and less expensive to operate a business as a sole proprietorship, believing that it is expensive and complicated to incorporate. But in reality, the fees to register and maintain an entity such as a limited-liability company ("LLC") or a corporation are minimal considering the peace of mind and the liability protection they provide to the business owner.