Written By: Rosanna Webb One of the most important choices you will face as a freelancer is determining the legal structure of your freelance business . Choosing the right structure—whether it’s an LLC, Sole Proprietorship, or Corporation—can impact your taxes, personal liability, and the way your business is perceived. When I started my freelancing journey, I quickly realized that understanding these business structures was key to building a solid foundation. I’ll dive into these three popular options to help you figure out which one might be the best fit for your freelance business. What is a Sole Proprietorship? The Sole Proprietorship is the simplest and most common legal structure for freelancers. It’s ideal if you’re a solo freelancer and don’t have employees. When you operate as a sole proprietor, your business is not a separate legal entity. That means that your business income and personal income are considered the same, and you’ll report everything on your persona...
A place for freelancers to connect with other freelancers, with tools and information about freelancing and also for those who works online in the comfort of their own home.