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December 18, 2013 03:11 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/Rlg_7j32RGs/
The Pros and Cons of Being a Sole Proprietor
Are you freelancing, running a consulting or side business, or launching a startup? If you're self-employed, you’ll need to tackle your business structure at one time or another, and that decision can influence how you pay taxes, what happens if you get sued and how much paperwork you have to deal with
By default, your self-employed business operates as a sole proprietorship until you select a different structure. As the simplest way to operate a business, the sole proprietorship has its unique benefits and drawbacks. Read more...
The Pros
Simplicity
More about Features, Business, Small Business, Startups, and ContributorOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/Rlg_7j32RGs/
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