Sole Proprietorship Business Organization Type; Meaning, Advantage & Disadvantages
Starting a business? It’s decision time. There are many ways to start a business, the primary first choice is what type of organization. Sole Proprietorship, Partnership, Limited Liability Company (LLC) or Incorporation. Each type has advantages and disadvantages, including asset protection and taxes. What is the Meaning of Sole Proprietorship? The Sole Proprietorship is you,…