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  2. Is an LLC Worth It for Sole Proprietors?

    www.aol.com/llc-worth-sole-proprietors-140012254...

    Sole proprietorship vs. LLC: Which is right for you? The decision to form an LLC is a personal one that depends on your business goals, overall risk level, and the amount of time you're willing to ...

  3. Sole Proprietorship vs. LLC

    www.aol.com/news/sole-proprietorship-vs-llc...

    The two most popular ways of organizing a small business are LLCs and sole proprietorships. They are less costly and complicated compared to the alternatives of corporations and partnerships.

  4. Business plan - Wikipedia

    en.wikipedia.org/wiki/Business_plan

    A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals. It also describes the nature of the business, background information on the organization , the organization's financial projections, and the strategies it intends to ...

  5. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [5]

  6. Sole proprietorship - Wikipedia

    en.wikipedia.org/wiki/Sole_proprietorship

    Every asset of the business is owned by the proprietor, and all debts of the business are that of the proprietor; the business is not a separate legal entity. The arrangement is a "sole" proprietorship in contrast with a partnership, which has at least two owners. Sole proprietors may use a trade name or business name other than their legal name.

  7. What documents are required to apply for an LLC loan? - AOL

    www.aol.com/finance/documents-required-apply-llc...

    Because the documents needed for LLC establishment are limited and managing the company is fairly simple, it’s a popular choice for small business owners. Those owners often seek out loans to ...

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