Sole proprietorships are so easy to establish that you may already own one without realizing it -- all the more reason for getting set up properly so that you can make more money, minimize taxes, and avoid potential problems.
Should You Run Your One-Person Business as a Sole Proprietorship
C Corporation is a group of individuals granted a charter, legally recognizing them as a separate entity with rights and liabilities distinct from those of its members. C corporation is liable for any debts incurred rather than the individuals. The taxes are split between corporate and shareholders at different rates.
When to Form an LLC: Entrepreneurs often ask me if they should form an LLC when establishing a new business, but there are other options like sole proprietorship and business insurance. #LLC #Business - http://createhype.com/when-to-form-an-llc/
How to Choose the Best Legal Structure for Your Startup