Preface: This is a WEIRD REQUEST.

I need a comparison chart for these two types of business. I am trying to decide between sole proprietor and LLC. I think I want to LLC because I may because a business credit card (I don't know if that would possible as a sole proprietorship).

I need a book or website (website is better; I want to do this fairly quickly and I have risk the book might not be at the library) that really explains all the pros and cons of both so I can finalize this once and for all.

Thanks, everyone.

Caroline

Caroline,

Here you go! http://www.bizfilings.com/comparison.aspx

You may want to look at http://www.legalzoom.com for more assistance.

Good luck!
Cortney

I would also read this article as I found it be very enlightening.

In most States, doing your own llc is also cheap and easy - no real need for an attorney. I provided a llc basics chat in December of 2007 that is located here and I have a llc basics brochure in the docs library here you may also wish to read.

One correction to my info - fed tax deposits are due 04/15, 07/15, 09/15 and 01/15 NOT 10/15 as previously stated.

__________________
Lily Chambers, The Virtual Office Goddess, LLC
Author "How to Do Your Own Small Business Bookkeeping"

Thanks for the websites. The protection from personal liability is the main reason that I will form a LLC shortly.

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Cristina Payne
www.VirtualLegalStaff.com