Do you operate the business as a sole proprietorship as far as the IRS is concerned, or some other legal entity? (money.stackexchange.com)
The limited liability protection is one of the main reasons that businesses choose incorporation over other forms of businesses such as sole proprietorships and partnerships. (thebalancesmb.com)
Perhaps you've already incorporated as a sole proprietorship and want to switch to a new entity. (guidantfinancial.com)