Sole Proprietorship Vs LLC

Corey explains a few differences between starting a side hustle and building a company. #1 - Sole Proprietorship is an individually managed business where a person assumes all the risks and rewards involved. #2 - LLCs are unique companies that have their own identity (separate from the founder/creator). #3 - Although both Sole Props and LLCs are legit businesses, "how you register" depends on your goals, vision, leadership, and understanding of business development. Sole proprietorship vs limited liability company.
Links: Nerd Wallet | 28 Business Ideas for Teens Disclaimer: do not jump into any business without careful consideration and parental guidance.
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[@NatCJones]

I love the deep breath before you started speaking lol