Скачать или смотреть You Will Face Unlimited Liability With This Unincorporated Business (Sole Proprietorship)

You will face unlimited liability with this unincorporated business. Here, we’re talking about the sole proprietorship. And if some startup savant in the business community tells you to be unincorporated, run away! You will be much better off setting up an incorporated business, and this video explains why.

A sole proprietorship is an unincorporated business, and its tax responsibilities fall squarely on the owner of the sole proprietorship.

This video will walk you through the sole proprietorship and its features, the advantages to a sole proprietorship (there aren’t any), the sole proprietorship pros and cons, the sole proprietorship advantages and disadvantages, and will discuss the difference between a sole proprietorship vs. incorporation.

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DISCLAIMER: The contents of this video are NOT LEGAL ADVICE and do not apply to your specific circumstances. This information is provided for general informational and educational purposes only. Viewing this video DOES NOT CREATE AN ATTORNEY-CLIENT RELATIONSHIP. We highly encourage you to seek professional legal advice before acting or relying on any information contained in this video.