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Learn more about whether a sole proprietorship is right for your business.
A sole proprietorship is the most basic type of business to establish. You alone own the company and are responsible for its assets and liabilities. You don't have to file special forms or pay fees to start your business.
If you are unsure of which structure is best for your business, you can visit a New Jersey Small Business Development Center. Some business owners also seek professional advice from an attorney or accountant.