The Top 5 Reasons to Avoid Sole Proprietorship Written by Nina Kaufman Life is trouble; only death is not, comments Zorba the Greek in the novel by Nikos Katzanzakis. I’ve heard many a business owner brag about the lack of complication that their sole proprietor status affords them. No messy ownership agreements, no separate filings or taxes, complete freedom and flexibility to do what you want when you want. And if it’s just me working as a contractor/consultant to other companies, why get so involved in structure and meeting minutes? Read more
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