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Can I Change a Sole Proprietorship to an LLC? Yes! Here’s How

Can I Change a Sole Proprietorship to an LLC? Yes! Here’s How

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...
Can Sole Proprietorship Have Employees – Yes, But Should You…

Can Sole Proprietorship Have Employees – Yes, But Should You…

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...
Sole Proprietorship in New York/NYC Vs LLC Vs S Corp

Sole Proprietorship in New York/NYC Vs LLC Vs S Corp

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...
Can I Change my EIN from Sole Proprietorship to LLC?

Can I Change my EIN from Sole Proprietorship to LLC?

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...
Sole Proprietorship in Massachusetts vs LLC vs S Corp

Sole Proprietorship in Massachusetts vs LLC vs S Corp

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...
DBA vs Sole Proprietorship vs LLC – Which Protects My Business?

DBA vs Sole Proprietorship vs LLC – Which Protects My Business?

by Besolo | Apr 6, 2025 | Blog, Disadvantages of a Sole Proprietorship

As a solopreneur, choosing between a DBA, sole proprietorship, or LLC directly affects how you manage liability, taxes, and administrative complexity. Each path/business structure defines the foundation of your business and influences how you operate as a business of...
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