Forum Discussion
KeithiaKirkaldy
5 years agoCommunity Member
Need advice on a Business License
Hi:
I am starting a freelance eLearning business. For those of you out there, what type of business license did you acquire? I am leaning towards sole proprietorship but also know that LLC gives...
KeithiaKirkaldy
5 years agoCommunity Member
Thank you all. This has been really helpful information.
- JudyNollet5 years agoSuper Hero
Hi again, Keithia,
I'll add one more note: There may be some companies who will not work with a sole proprietor.
That decision is typically made because they want to avoid the risk of a contractor coming back at them with a claim that they were really an employee. In other words, they want to pay a company, not an individual (even if that individual has a doing-business-as name).
I think this has become more of an issue since I wrote the article I attached in my comment above.
So, even though being an LLC requires additional paperwork and stricter accounting practices, it might be worth it.
Related Content
- 11 months ago
- 11 months ago