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    4 Replies Latest reply on Jun 1, 2011 4:10 PM by Eric Perkins

    Sole Proprietorship

    MrWHY Adventurer

      What the best way to do a sole proprietorship for free lancer?

        • Sole Proprietorship
          LUCKIEST Guide

          Tell us more. The best way is to talk to YOUR accountant and or Lawyer.

          • Sole Proprietorship
            Eric Perkins Newbie

            Why rely on a sole proprietorship?  Forming a business entity such as an LLC or corporation is a relatively quick and inexpensive way to gain some personal liability protection from business debts and liabilities, operate in a more business-like manner, facilitate a business sale or transfer, and add value to your business operation such as the potential benefit of perpetual life of the business entity.  Look to the web sites of your state government and local government for info on various requirements for starting a new business in your area (business entity formation requirements, assumed name filing requirements, licensing/permitting requirements, local zoning requirements, state and local tax issues, employee reporting issues, and the like).  Your local chamber of commerce or small business development center will also have useful information and resources for you.

            • Sole Proprietorship
              WSBryanJaneczko Wayfarer

              Hi MrWhy,


              What state do you want to file as a sole proprietor in?