I'm considering starting a small business, but I'm uncertain about the legal implications of choosing between an LLC and a sole proprietorship. Can anyone share their experiences or advice on which structure would be more beneficial in the long run?
I'm thinking about starting a small business, but I'm confused about whether to choose an LLC or a sole proprietorship. I've heard both options have their pros and cons, but I'm unsure which would be better for my situation. Can anyone share their experiences or advice on the legal implications, taxes, and protections associated with each structure? I'd love to hear what worked for you in the long run.
