you’re generally required to submit a few documents along with your application: EIN Personal identification (Social Security number for sole proprietorships) Proof of dba or trade name (if ...

Please view our full advertiser disclosure policy. miniseries, Getty Images Starting a sole proprietorship is a low-effort endeavor. In most states, you won’t have to register any paperwork ...

If you’re looking for the quickest and simplest way to start selling products or services, you may want to consider a sole proprietorship. Actually, if you’ve sold products or services before ...

Christine is a non-practicing attorney, freelance writer, and author. She has written legal and marketing content and communications for a wide range of law firms for more ...

Developing proper accounting practices is essential in managing small business finances and maintaining positive cash flow.

Navigating the world of business involves understanding various identification numbers. Two key types are Tax ID numbers and ...

By contrast, you do not pay any formation fee or file document to start your sole proprietorship. If you choose to use an assumed name for your business rather than your own name, some states or ...

Two of the most common forms of business for individual and small business owners are sole proprietorships and limited liability companies (LLCs). A sole proprietorship and LLCs share some ...

A sole proprietorship is the simplest type of business structure ... States vary in their filing requirements, but LLCs will generally need to submit a set of documents including an operating ...

Visit americanexpress.com to learn more. As a sole proprietor, there is no legal separation between you and your business. Still, it's beneficial to separate your business and personal expenses to ...