Starting a business is now more cost-effective and easier than ever before. With technology making it possible to work from anywhere, more people are venturing out on their own to be their own boss.
Whether you want to travel, control your income, work on your own terms, or get up in the morning without setting an alarm, there are plenty of reasons to work for yourself.
But for single-person business owners, there can be some confusion around which business structure is right for them. Do you operate as a self-employed individual or set up an LLC?
In this quick guide, we’ll break down the key differences between self-employed vs. LLC so that you can make the best decision for your business.
The Top-Rated LLC Services to Help You Get Started
If you decide that formally registering your business is worth it, here are the top-rated LLC services that can help get you started:
ZenBusiness – Best overallIncfile – Best for entrepreneurs on a tight budgetRocket Lawyer – Best legal consultation services for LLCsLegalZoom – Most popular LLC servicesLegalNature – Best for LLC documents and contractsMyCompanyWorks – Best same-day processingSwyft Filings – Best customer service
To read our in-depth reviews of each service and who they’re best for, check out the full review here.
What Is Self-Employment?
Self-employment is the state of working for oneself rather than an employer. Those who are… Read More