As a freelancer or contractor, at some point you may wish to incorporate and be taxed as an S corporation. Here’s a closer ...

Sole proprietors often look riskier to lenders than registered businesses, which could make it tough to be approved for a ...

Operating a sole proprietorship does not mean that you have to do it alone. Sole proprietorships are the simplest of all business entities to set up. Many times they are not formally set up but spring ...

Small businesses -- especially home-based businesses -- are often operated by one individual as sole proprietorships. Some businesses may change to another type of business entity as they grow, such ...

Editor’s Note: Each week, Maynard Webb, former CEO of LiveOps and the former COO of eBay, will offer candid, practical, and sometimes surprising advice to entrepreneurs and founders. To submit a ...

Can you open a business account without an EIN? Yes! Learn which business types qualify, required documents, and when getting an EIN may be smart.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. An EIN (Employer Identification Number) is a unique ...

When I owned my own business, I had a very clear understanding that I was my brand as well as my own boss. I don’t mean “brand” in the way that so many young professionals mean it when they talk about ...