Incorporation vs. Sole Proprietorship
Decisions like this make me want to hide! I'm in touchy territory here. I admit, until recently, the mere topic of incorporation vs. sole proprietorship (yuck!) used to trigger anxiety. Researching this kind of stuff is onerous, and yet it feels so important. There's pressure to get it right. When I think back to my pre-biz days, self-doubt around business mechanics was a real barrier to expanding my horizons. But it won't stop me now. So when I write about incorporation vs. sole proprietorship, it's not with a ton of expertise. It's based on skimming a bunch of websites, then back-checking my understanding on a few others. Consider this more of a musing than actual advice. You're not reading this for actual advice are you? A few of my friends have incorporated in the past year or two, and from the sidelines, it feels like there's a certain cachet attached to it. They are fancy business people now. They get to put Inc. at the end of...