Most Recent Article
Written By: Germaine A. Hoston, Ph.d.

1

Why You Should Never Operate Any Business as a Sole Proprietor Written by: Germaine A. Hoston, Ph.D. | Distributed: 2006-06-21 | - Word Count: 982 | Viewed: 2086 | Votes: 6 | Rating: 2.50 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.