What Is a Sole Proprietorship? The Complete Guide

If you’re starting a new business, you might consider a sole proprietorship. Learn more about the advantages and disadvantages of this business structure.

What's your DBA name?

Trustpilot stars
Chloe Packard

by Chloe Packard

Chloe is a San Diego-based writer with over a decade of writing and editing experience. She has partnered with both e...

Read more...

Allison DeSantis, J.D.

Legally reviewed by Allison DeSantis, J.D.

Allison is the Director of Product Counsel at LegalZoom, advising and providing leadership to internal teams on the d...

Read more...

Contents

Updated on: December 2, 2024 · 9 min read


Twitter logoFacebook logoLinkedIn logoReddit logo
This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

You may also like

Managing Your Business

20 Tax Write-Offs for LLCs and Other Small Businesses

Rental expenses, charitable donations, and business insurance are just a few tax-deductible expenses that can help your small business save money.

November 12, 2024 · 10min read

Business Accounting

What Is Gross Profit?

Gross profit is a key profitability figure for a small business. It's calculated by subtracting cost of goods sold from sales revenue. Here's how you can use gross profit, and the gross profit margin, to measure your business' production efficiency.

February 5, 2024 · 3min read

Starting Your LLC

The 25 Most Successful Small Business Ideas (2025)

Small businesses are abundant, but profits aren't always guaranteed. Here are some small business ideas with big earning potential.

December 5, 2024 · 20min read