small business Featured What Type of Business Entity Should You Start? Are you looking to start a business but aren't sure the best legal structure to choose? According to the SBA, there are currently over 33 million small businesses in the US and there were over 5 million new business applications in 2021 — the most at any point in
salary Featured Owner's Draw vs. Salary There are two main ways you can pay yourself as an owner: an owner's draw and taking a salary. In this article, we discuss the differences between these two methods so you can make an informed choice.
small business Featured Self-Employed vs. Small Business Owner: Why the Difference Matters The differences between the self-employed and small business owners may appear subtle, but they can impact your expenses, liability, and taxes. Read here to find out more.
small business Featured How To Change From A Sole Proprietorship To An LLC In 7 Steps Forming an LLC offers many benefits that a Sole Proprietorship does not, such as legal protection. Here are seven steps to switch from a sole prop to an LLC.
small business Featured Which Business Structure is Best for Your Long-Term Goals? Here we break down three main business structures, the pros and cons of each, and which one is best for your long-term goals.
sole proprietor Featured Can a Sole Proprietor Have Employees? Being a sole proprietor can be very rewarding and challenging, as your business rests entirely on your shoulders. Can you hire employees as a sole proprietor? We answer that in this article.
eidl Featured EIDL For Sole Props and Ind. Contractors: Everything You Need to Know Sole proprietors and independent contractors can apply for the EIDL program as well. If you are or know a sole proprietor or independent contractor that is interested in the EIDL program, this article is for you.
