BizSugar.com › Startups › How to Set Up a Sole Proprietor Business

The simplest and fastest way to set up a small business is to structure your company as a sole proprietorship. No fancy paperwork is necessary outside of getting your business license and and registering your company name with your city or county.

For many small business owners, especially home-based businesses or companies with only one employee, the sole proprietorship option is ideal. It’s the least complicated and as far as taxes go, the company’s profits and losses are reported on the owner’s personal tax return...