though they lack certain tax benefits and legal protections of a limited liability company (LLC). (If sued in court, a sole proprietor can be personally liable for lawsuit judgments and business debts.) Consider
In addition to legal penalties for being out of compliance, failing to maintain a resident agent could mean that a process server can’t find you to notify you of a lawsuit. In that case, a lawsuit against the company could go forward without your knowledge, meaning you wouldn’t even hav...