A sole proprietorship is the most straightforward and affordable way to start a business in Florida. It’s an unincorporated business structure owned and operated by one individual, with no legal distinction between the owner and the business. This means you don’t need to file special formation documents with the Florida Division of Corporations unless you're operating under a name different from your legal name—in which case you must register a fictitious name (DBA). This simplicity makes it an attractive option for freelancers, consultants, home-based businesses, and side hustles.

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          However, it’s important to understand that with ease comes personal liability. As a sole proprietor, you are personally responsible for all debts, obligations, and legal issues your business may incur. That means your personal assets—such as your home, savings, or vehicle—could be at risk if the business is sued or can’t pay its bills. Unlike LLCs or corporations, sole proprietorships do not offer a liability shield, so risk management and proper insurance are critical. We help our clients weigh these considerations and, when necessary, transition to more protective business structures as they grow.

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          At the Law Offices of Adam Farber, we guide entrepreneurs through every step of setting up a sole proprietorship—from registering a fictitious name and applying for local business licenses, to obtaining a tax ID and understanding income and self-employment tax obligations. We’ll help ensure your business complies with state and local requirements, and that you start out with a clear legal and financial foundation. Whether you're launching a part-time gig or a full-time venture, we’ll help you build smart from the start.