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Business Sole Proprietorship Form

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Instructions and help about Business Sole Proprietorship

can I do a sole proprietorship and still protect my home as opposed to an LLC when you form an LLC you are forming a separate business entity you're separating your personal uh assets and your business liabilities that's the way to create the separation a sole proprietor will not have that separation their business liabilities their personal assets are all one and the same what you can do as a soulle proprietor is you can get um business insurance that will help to protect your business in the event that something goes wrong such as general liability insurance errors and omissions insurance Etc um so you can add business insurance to make sure that you are somewhat protected however the only way to separate your personal assets and your business liabilities is going to be to form an LLC

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