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...
by Besolo | Apr 8, 2025 | Blog, Disadvantages of a Sole Proprietorship
If you’re running a sole proprietorship and considering forming an LLC, you’re not alone. Many solopreneurs in growth mode realize that forming an LLC provides liability protection, greater business credibility, and more flexibility at tax time. But what...
by Besolo | Apr 8, 2025 | Blog, Disadvantages of a Sole Proprietorship
Starting a business in Massachusetts gives solopreneurs freedom and flexibility, but your chosen structure directly affects your taxes, liability, and long-term growth. A sole proprietorship is the easiest way to get started in Massachusetts. You don’t need to...
