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In this video, I talk about the pros and cons of setting up a Sole Proprietorship. Sole Proprietorships are very good business models to start up when you are new in business and when you are trying things out and not sure of long-term commitment to a business type.
However, it has its cons. Watch the video to learn some of the pros and cons
CHAPTERS
0:00 Introduction
0:40 Pros of setting up a sole proprietorship
2:55 Cons of setting up a sole proprietorship
5:21 How to convert your sole proprietorship to LLC
6:13 Conclusion
Kindly note that this is NOT financial advice and the content of this video is for entertainment purposes. Please consult with a certified professional to navigate these options.
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