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possible benefits. These may include tax benefits, protection from liability, continuity of existence, and the like. It is important for small business owners to determine which business form will best serve their needs and whether their business objectives can legally be achieved. The simplest form of business is a sole proprietorship. This is the name given to a business that is owned and controlled by a single individual. Little need be done to create a sole proprietorship. All you have to do is obtain a business license if it is required in your jurisdiction and, if you are using a name for your business other than your own, ...
This is post 5 of 10 in a series discussing the essential steps for launching a successful, sustainable solopreneur business. If you missed the disclaimer post, it is helpful if you take a minute to read it before going forward. Here’s the link to the post. So far I’ve covered the following sequential steps: 1. Define Your UVP and Prime Prospects 2. Perform Your Market Research 3. Create Your Business Plan 4. Square Away Your Finances Today, we’re going to get into what licenses and permits, certifications and legal structure you may need and how to go about applying for them. The type of ... Read More
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