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All Articles Written By: Germaine A. Hoston, Ph.D.
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Why You Should Never Operate Any Business as a Sole Proprietor by Germaine A. Hoston, Ph.D. |
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All too often new freelancers assume that being independent means
being a "sole proprietor." There is no question that operating
a sole proprietorship is the easiest, simplest way to start a
business. But, no matter what the jurisdiction in which you
operate, this is not the way you should operate your business --
even just to "get started". Taking any other option, which
would involve establishing a legal entity separate from yourself
-- such as a corporation or limited liability company -- is
infinitely preferable to operating your business as a sole
proprietor. |
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Distributed: 2006-06-21 10:48:00 |
Word Count: 982 |
Page Views: 4796 |
Votes: 14 |
Rating: 2.21 |
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