Sole proprietorships are simpler to start and manage but LLCs offer you that layer of protection by separating your personal ...

Sole proprietorships are easy to establish ... The business owner must create an LLC operating agreement defining the business structure. Finally, the new company must obtain an EIN from the ...

For many small business owners, the choice will be between a sole proprietorship and a ... to submit a set of documents including an operating agreement that spells out how the business will ...

Sole proprietorships are the most common form ... and will be outlined in the LLC’s operating agreement. There are no rules around allocation, however, as LLCs have the option of distributing ...