by Wesley Henderson | Aug 18, 2022 | Best Practices, Contracts, LLC, Quick Tips, Side Business
Would you like to save $500? Of course you would. What if to save that $500, there was a 1% chance you lost your home, car, savings, jewelry, and everything else you owned? That’s what you are choosing when you choose the sole proprietorship route instead of an LLC....
by Wesley Henderson | Apr 13, 2022 | LLC
Starting a business is exhilarating – I love it because it’s fun and challenging. Sometimes very challenging so let us make a few things easier for you. For example, get in an LLC. Read below to learn why these sole proprietorship examples will convince...
by Wesley Henderson | Jan 26, 2022 | Best Practices, LLC, Quick Tips, Side Business
An LLC is usually the smartest decision for a new business. But, to make sure, be sure you understand the alternative. That is, the sole proprietorship. Read along to understand the sole proprietorship advantages and disadvantages. Most will find that the LLC is in...
by Wesley Henderson | Oct 8, 2021 | Best Practices, LLC, Quick Tips, Side Business
Get an LLC! There you go – I saved you 5 minutes of reading. But if you’re not convinced, read along to make sure you understand the differences between LLC vs Sole Proprietorship. There are actually a few times where a sole proprietorship would be ok...
by Wesley Henderson | May 11, 2021 | Best Practices, LLC, Quick Tips
Sole Proprietor’s do not need an EIN. But, most Sole Proprietors really don’t need to be doing business without an LLC. Here’s why. An EIN is like a business’s social security number. It tells the IRS who the business is. Single-member LLCs...