Tag Archives: Proprietorship

How to Transition from a Sole Proprietorship to an LLC

How to Transition from a Sole Proprietorship to an LLC

Running a sole proprietorship is the simplest way to start a business.  But as your business grows, so do the risks. Sole proprietorships don’t protect your personal assets, leaving everything from your house to your car vulnerable to business liabilities. If this makes you nervous, it’s time to consider transitioning to a limited liability company (LLC). Forming an LLC gives …

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