Sole Proprietor

When you want to run a children's tea party business you will need to treat the venture like a business and not a hobby. Running a children's tea party business is suitable to people who like children and know how to diplomatically handle parents. If you consider yourself an organized person who would like to specialize in a party... more »

A sole proprietorship is quite common and simple to launch. Although a sole proprietor is responsible for all liabilities and debts that the business might incur, there are also numerous advantages to owning a sole proprietorship. These are often great ways to pass businesses down to children later on. more »

Whether you're an employed IT professional trying to make some extra money on the side or a recently laid-off worker, there's never a bad time to start a small IT business. As long as you have solid tech skills, the ability to manage your time and deal with others on a mature level, you have the tools to make money with your own IT... more »

If you are starting or altering the way in which your business is organized, you may need to obtain a tax ID number, which is also known as a federal employer identification number (EIN). Here are some guidelines regarding the requirements for getting a tax ID number. more »

There have been cases where unscrupulous mortgage companies lure people in with promises of low interest rates, but then can't deliver. It's a form of "baiting and switching" with mortgage loans. The home buyers are trapped in the loan because it's unlikely that they will find other financing in time to purchase the home. To avoid... more »