Thanks for taking my quiz to help you figure out what type of business you need! I know that it can be confusing and overwhelming to read about the different types, but hopefully, this quiz answers many of them for you.
So, without further ado, let’s talk about your results.
Your results are: sole proprietor
Keep it simple.
As the easiest form of business to start, you can start operating as yourself anytime you want. The only paperwork you may need is a DBA (Doing Business As), which you’ll file with your state or local government.
This business structure works well for those who don’t have a lot of personal belongings, are very unlikely to be sued, and want to file as few forms as possible. If your biz is a side gig or you’re only planning to run it for a year or two, then what are you waiting for?
The next step? Do your research, land your first client, and hit the ground running.
Want other resources?
Here are a few I’ve created to help guide you as you create your business entity:
6 Steps to Starting a Business
Get your business started in 6 simple steps with this ebook.
Learn to navigate tax terms, business structure, and understand your tax obligations as a small business owner.