The Long and Short of Sole Proprietorships

Oct 8, 2020

The Long and Short of Sole Proprietorships

A great idea is an essential ingredient to a successful business. If you can come up with a novel solution to an enduring problem, you’ll always have customers. For example, there’s currently a huge opportunity for whoever can invent a device that keeps bathwater from getting cold. Wouldn’t it be amazing if you could just drop a flower-scented tablet into the water, and it would magically maintain the perfect temperature while you read chapter after chapter of your favorite book?

On second thought, maybe this bathwater tablet isn’t all that crucial of a product. But do you know what is an amazing solution? One that can help strengthen your business and take it to new heights? It’s structuring your small business as a sole proprietorship.

About the Author

Grant Olsen

Grant Olsen

Grant Olsen is a writer specializing in small business loans, leadership skills, and growth strategies. He is a contributing writer for KSL 5 TV, where his articles have generated more than 6 million page views, and has been featured on FitSmallBusiness.com and ModernHealthcare.com. Grant is also the author of the book "Rhino Trouble." He has a B.A. in English from Brigham Young University.

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