Want to jump right to the answer? Most companies will benefit from forming an LLC and it is easy to do when you use a service like ZenBusiness.
Choosing the right business structure for your new venture is a crucial decision. Many business owners lean toward two of the most popular options: LLCs and sole proprietorships.
Each one has its fair share of benefits and drawbacks. You’ll need to consider things like the tax implications, startup costs, regulations, liability protection, and more.
This guide will provide you with an in-depth explanation of LLCs and sole proprietorships–each one’s advantages, potential downsides, and the differences between the two.
Top Business Formation Services for LLCs and Sole Proprietorships
ZenBusiness is our top recommendation for most people who need to form an LLC or sole proprietorship. It only takes about 10 minutes, and ZenBusiness will guide you through the process.
Registering your new business with the state can provide tax benefits, liability protection, and keep you out of hot water come tax time. Use one of the best business formation services to handle all the paperwork online right now:
ZenBusiness – Best overall valueIncfile – Best low-cost formation servicesNorthwest Registered Agent – Best registered agent servicesRocket Lawyer – Best for ongoing legal adviceLegalNature – Best for managing business formation documentsInc Authority – Best free … Read More