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LLC vs Sole Proprietor vs Corp Quiz

Find which business structure might fit your situation.

This tool provides educational estimates and general guidance only. It is not legal, tax, accounting, or financial advice. Always verify requirements with official government sources or consult a qualified professional before making decisions.

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Answer a few questions to see a suggested structure.

What this quiz does

This quiz weighs your liability risk, revenue, ownership, funding plans, and residency to suggest whether a sole proprietorship, LLC, or corporation may fit your situation — and explains the trade-offs of each.

How results are determined

Founders raising venture capital are pointed toward a corporation; higher risk, revenue, or a need for liability protection points toward an LLC; and very low-stakes, pre-revenue solo work may be fine as a sole proprietorship for now.

Important limitations

This is educational guidance, not legal or tax advice. Business structure has real tax and legal consequences — confirm your choice with a qualified professional.

Frequently asked questions

Not always. A sole proprietorship is simpler and free, but offers no liability protection. Once you have real revenue, clients, contracts, or risk, an LLC is usually worth considering. This quiz weighs your situation to suggest a fit.

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