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One of the biggest questions I get as a business coach is “Should I run my business as a Sole Proprietor or setup an LLC?”

Maybe you’ve asked that question yourself. Perhaps you’ve been confused about which one makes sense from a tax perspective for your business.

Or maybe you actually thinking: “I don’t even know what either of those are and why should I care?!”

Today I want to simply explain the differences between the two and give you a simple and easy framework to know which is the right entity for your business.