Solo entrepreneurs are powerful but vulnerable. The Sole Proprietorship is the nimblest, least expensive type of business, yet it is also the most exposed, because the sole proprietor has unlimited financial and legal liability for debts and legal obligations of the business. ExecutiveLP provides sole proprietors with essential consulting services to help them manage their legal liabilities, maintain adequate insurance, and implement essential contracts.
Sole Proprietorships are the least costly to create. You may need a business license, EIN, and trade name or IP protections. Make sure you have a team of professionals to advise you as your business grows!