How to Start a Sole Proprietorship in 2023 | Rob.CPA
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 Published On May 16, 2023

Are you looking for a way to start your business without too much hassle and paperwork? In this video, I'm going to be discussing sole proprietorship – an incredibly easy and simple way to set up a business without the need for complicated contracts and business structures.

Hi everyone! My name is Rob Pasquesi and today I'm going to talk about sole proprietorships - what they are and how they can help you in setting up your own business quickly and easily. A sole proprietorship is the simplest type of business structure, which means that you don't have to worry about creating multiple legal documents or complex contracts. This makes it an ideal option for entrepreneurs who want to get their businesses off the ground quickly. So if you're looking for a straightforward way to kickstart your own venture, then stay tuned as I walk you through everything you need to know about starting a sole proprietorship!

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Some of the topics that I will cover in this video include:

1. Introduction to sole proprietorships and the benefits & risks for entrepreneurs
2. Overview of the legal structure, types of business entities and regulations
3. Requirements to form a sole proprietorship including choosing a business name and registering with the state
4. How to apply for permits, licenses, insurance coverage, and other necessary business documents
5. Setting up a bank account, filing taxes as a self-employed individual and bookkeeping basics
6. Seeking out resources such as professional advisors, mentors or networking groups
7. Conclusion: recap of all steps involved in starting a sole proprietorship

If you haven’t done so already, please subscribe to my channel to receive alerts when I post a new video.

If you have any questions or comments, please leave them in the message summary below.

About my channel:
Rob CPA channel was created with a mission to provide viewers with accurate content so they can be proactive in their tax planning strategies and build financial wealth. The video topics I selected reflect real-world issues that I’ve seen our clients experience relating to their personal tax returns, retirement plans, and accounting.

The channel allows me to share my passion for taxes, personal finance, and accounting. I create content I wish schools and entrepreneurship programs/accelerators would teach their students and companies. I take complex topics and simplify them for the viewers as well as show examples.

I will be covering the following topics:

- Personal & business tax planning tips;
- Personal finance;
- Accounting;
- Investing;
- Entrepreneurship

New videos are released every week, so be certain to SUBSCRIBE! : shorturl.at/fL014

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