Easy to set up, requiring minimal paperwork compared to other business structures. Easy to terminate compared to Partnerships and Companies. Owner has full control over business decisions and operations. Cons: Income is taxed at personal income rates, which can be higher than the flat 17% corporat...
Lisa isn’t new to ecommerce. She’s been selling for years. She’s a savvy entrepreneur who doesn’t keep burning her money on a bad investment. Once she realized she had gotten a raw deal, she took the necessary steps to terminate her relationship with the marketing firm. But ther...