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Sole Proprietorship vs. LLC for Side Hustlers: Pros and Cons

StartupNation

Let’s take a closer look at the real pros and cons of a sole proprietorship vs an LLC so you can make a decision that fits your business income, risk level, and future goals. An LLC protects personal assets and offers tax flexibility, making it ideal for higher-risk businesses or those looking to scale. Physical products.

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Award-Winning Finance Expert Shares 5 Financial Musts Before Jumping Into Entrepreneurship

StartupNation

So, you want to start your own business — in which you are your own boss and you’re in control of your professional destiny. Plus, it can help you focus on building your business instead of constantly worrying about your finances. StartupNation has partnered with Yottled to provide the fastest way to bring your business online.

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Why the Beginning of the Year is the Best Time to Start a Business

StartupNation

The beginning of the year has always been a popular time to start a business. We’ll catch you up on the biggest reasons why entrepreneurs like forming new business entities in January. Tax and bookkeeping benefits. At the beginning of the year, entrepreneurs are rewarded with additional tax and accounting benefits.

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3 Ways to Protect Your Freelance Business

StartupNation

What does the state of freelancing look like in the U.S.? This study revealed that, in a COVID-19 landscape as well as post-COVID landscape, the state of work and how we work is trending toward new patterns. The default entity formation for small businesses is a sole proprietorship. Filing for a tax ID.

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