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IS YOUR BUSINESS PUTTING YOUR ASSETS AT RISK? BUSINESS ORGANIZATIONS: THE SOLE PROPRIETORSHIP
One of the first decisions a startup business owner makes is which organization form to choose. This is an important decision as it affects personal liability, income tax, and administrative costs. In this article, we discuss the sole proprietorship, arguably the easiest and most common form of business organization. The sole proprietorship has distinct advantages and disadvantages that should be understood before adopting this business form. If you are risk averse and don't want to lose your retirement savings, your cars, or your personal home, you need to read on.

Bookkeeping for your small Business I
Bookkeeping set-up information

Top Secrets of Successful Couplepreneurs
This article offers valuable insights to couples in business together to maximize their success in both their business and personal relationship. Written by a business and relationship coach who is a coupleprneur and has interviewed scores of successful couplepreneurs to discover the attitudes and behaviors that led to their prosperity. Read this article to learn about prosperity through partnership.

Types of legal (business) structures
This article provides an overview of the four basic types of business structures.

Should Franchises be Incorporated?
Purchasing a franchise can be one of the most exhilarating ventures a small business owner can experience. There are an infinite number of issues that franchisees must consider - what kind of franchise to purchase, where to locate, where to find financing, how to build the space, to name just a few. One of the last questions that a franchisee often thinks of is - what legal form should a franchise operate as? This article will review the considerations regarding the selection of business legal form with the franchise in mind and whether franchisors should consider requiring all franchisees to incorporate.

Forms of Ownership
One of the first decisions that you will have to make as a business owner is how the company should be structured. This decision will have long-term implications, so consult with an accountant and attorney to help you select the form of ownership that is right for you. In making a choice, you will want to take into account the following:

Other sole proprietorships Related Articles

An "On Purpose" Life
If you don’t like your present circumstances, you have the ability to decide how to alter your course. You are the sole architect of your future.

Ready Set Huddle
Before the start of a game and during a game its team members get together to huddle, to discuss strategy make a plan and determine execution. Business is not different. A successful business has the proper team assembled to carry out a business plan. Even a sole proprietor has a team, only that team is comprised of consultants that are hired to carry out specific tasks. In a way the sole proprietor has the right idea. Hire the person who is best suited to do the work that is required. In essence, the sole proprietor has delegated work to the members of a team who are working together to ensure the proprietor's success.

IS YOUR BUSINESS PUTTING YOUR ASSETS AT RISK? BUSINESS ORGANIZATIONS: THE SOLE PROPRIETORSHIP
One of the first decisions a startup business owner makes is which organization form to choose. This is an important decision as it affects personal liability, income tax, and administrative costs. In this article, we discuss the sole proprietorship, arguably the easiest and most common form of business organization. The sole proprietorship has distinct advantages and disadvantages that should be understood before adopting this business form. If you are risk averse and don't want to lose your retirement savings, your cars, or your personal home, you need to read on.

Sole Trader Business Finance - The facts you need to know
As a Sole Trader there are different legal responsibilities when it comes to your financial liabilities, there are several facts you need to know when you consider setting up your business as either a limited entity or a sole trader, this article explains.

Why You Need a Board of Advisors/Mastermind Group
This week I’ve had a lot of discussions with people about Mastermind Groups. All large corporations have a Board of Directors to be sure the company stays true to their mission, hit their numbers and fulfill their responsibility to stockholders. Small businesses (even sole-proprietorships) need them too. But usually, only those small businesses who accept private funding (from banks, angel investors, venture capitalists) have outsiders on their Board of Directors. A professional Board of Directors may not always create a happy, supportive, safe environment for business owners to turn to for problem solving, brainstorming, or even feedback.

When Opening A Small Business, Choosing the Right Business Structure is Something that Should Not Be Taken Lightly
Should you Incorporate, form an LLC, Partnership or Sole Proprietorship?

Entrepreneurs Demonstrate Resilience and Determination in Action
I encourage you to read the full report for more ideas you can use now in your sole proprietorship.

Games Debtors Play - Part Two
People who owe money usually pay as expected. The problem is with the small percentage of debtors who develop excuses, stalls, and evasions that are not only annoying but also result in no payment or late payment. So, business people, from sole proprietorships to the largest corporations, need to be aware of the most common excuses as well as how to best deal with them, so as to get the maximum payment in the shortest time, while also keeping the goodwill, and the business, of the customers and clients they want to keep.

Six Advantages and Disadvantages of Incorporating a Business
Should I incorporate my business or not? This is one of the questions I get so often when I talk to my clients about the fundamentals of incorporating a business. So in this article, I will be sharing with you the advantages and disadvantages of incorporating your business. Incorporating a business is one of the key questions to ask when starting a business but before I go into the pros and cons of getting incorporated, I want to draw a line between unincorporated businesses and incorporated businesses. Unincorporated businesses cover sole proprietorships, or businesses which have exactly one owner, partnerships or businesses which have two or more co-owners.

The Benefits of Incorporating a Small Business
A sole proprietorship may work for you right now, but as the business landscape evolves, incorporating a business is something that you may have to consider. Incorporation can help you separate business investments from personal investments. In a sole proprietorship, you may blend your business investments with personal investments, so they overlap. But in a corporation, what is for the business is solely for the business and what is personal is solely personal. The separation of business finances and personal finances that comes with incorporating a business can help you and your business in many conceivable ways.

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