Tag: Sole

When do you convert your business from sole proprietorship to a company and what are advantages of a company?

Question by TheErrandBoy: When do you convert your business from sole proprietorship to a company and what are advantages of a company? Say you are running a small business as sole proprietor and business is growing. What minimum annual revenue before one should convert to company? Other criteria to consider on whether to convert to… Continue reading When do you convert your business from sole proprietorship to a company and what are advantages of a company?

Can I start an online business as a sole proprietor as a minor?

Question by helicasebih: Can I start an online business as a sole proprietor as a minor? Can I start an online business as a sole proprietor as a minor? I’m 17, Thanks. Best answer: Answer by ColinI don’t think there is an minimum age. You can shovel snow or mow your neighbors lawns for money… Continue reading Can I start an online business as a sole proprietor as a minor?