by Besolo | Apr 14, 2025 | Blog, Solo 401K Investment Options
Running a business of one doesn’t mean you should miss out on powerful retirement tools. A solo 401k is one of the most efficient ways for solopreneurs to build long-term savings while taking advantage of tax deductions. If you operate as an S corporation,...
by Besolo | Apr 13, 2025 | Blog, Solo 401K Investment Options
As a solopreneur running a single-member LLC or S corporation, you wear every hat—from CEO to payroll manager. Planning for retirement might not feel urgent, but having access to your savings when you need it most can empower smarter business and life decisions....
by Besolo | Apr 12, 2025 | Blog, Solo 401K Investment Options
Solo business owners have more control over their income than traditional employees, but they also carry more responsibility when it comes to retirement. A solo 401k lets you contribute both as the employer and employee, unlocking higher savings potential than...
by Besolo | Apr 11, 2025 | Blog, Disadvantages of a Sole Proprietorship
Structuring your business of one as a sole proprietorship offers simplicity, but it also exposes you to personal liability and limits your growth potential. If you’re asking, “Can I change a sole proprietorship to an LLC?” The answer is yes––and it’s a...
by Besolo | Apr 10, 2025 | Blog, Disadvantages of a Sole Proprietorship
As a solopreneur, running a business as a sole proprietorship offers flexibility and simplicity. You make the decisions, keep the profits, and report earnings directly on your tax return. But once you start thinking about hiring employees, things change. Can a sole...
by Besolo | Apr 9, 2025 | Blog, Disadvantages of a Sole Proprietorship
Running a business of one in New York offers flexibility, independence, and a chance to scale on your terms. However, choosing the proper business structure is a key decision that shapes your taxes, liability, and long-term growth. A sole proprietorship in New...
