Compared with a sole proprietorship, an LLC is really a different entity from the business’s operator. Most sole proprietors would take advantage of converting their sole proprietorships to LLCs due to the fact LLCs offer you liability security and therefore are reasonably priced to start and manage. Some states, like https://www.kzntreasury.gov.za/Lists/FRAUD%20RISK%20ASSESSMENT%20QUESTIONNAIRE/DispForm.aspx?ID=50692