The first question I get from my one-person business owner clients is usually about business entity.

Can they keep running their business as a sole proprietorship, or do they need to form an LLC or S-Corporation? 

So here’s an infographic I just created (using Piktochart), if you’re thinking about staying a sole proprietor, to give you an idea of what to consider when you’re making that decision.

Btw … occasionally, it is the right thing to do. 🙂  For customized advice, let’s chat on a Quick Call!

 

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