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 ...

Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship ... An LLC operating agreement will lay ...

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 ...