Sole Proprietor and Sole Proprietorship
A Sole Proprietor is an individual who undertakes to engage in business without partners and without organizational forethought. This does not mean that you have one person, but that you have one owner. There is almost never a reason to operate as a sole proprietorship, as a sole proprietorship does not offer the liability protection that an entity does. Please consult with an attorney.
Example:
Dude, your startup is a sole proprietorship. No bueno. See an attorney at Vela Wood ASAP.
More Information:
Choosing The Right Entity
Many sole proprietor's will file DBA certificates in order to do business under a name other than their own. Check out why and how.
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Many sole proprietor's will file DBA certificates in order to do business under a name other than their own. Check out why and how.