Sole proprietors can include everyone from ... A few states also require an operating agreement, which spells out how the business will be managed, how profits and losses will be shared and ...
Start an LLC Today What Is an LLC? An LLC is a legal designation U.S. business owners can choose for their business. It offers legal protection for personal assets, privacy and a low-cost way to ...
Starting an LLC is an exciting step toward business ownership. You have filed all of the paperwork, and it’s now official-you ...
There’s no personal liability protection in a sole proprietorship. A single-member LLC offers a separate legal entity. While still one owner, the LLC structure requires an operating agreement ...
Common types include sole proprietorships, partnerships ... Most states also require an operating agreement for LLCs, ...
Depending on your state, you may need to register with the Secretary of State and draft an operating agreement. You may also choose to convert your sole proprietorship into a C Corporation or an S ...