Introduction: What is the Difference Between Sole Proprietorship, LLC, and Corporation? In this section, we will discuss the difference between sole proprietorship, LLC, and corporation. A sole proprietorship is a business that is owned by one person and has no legal distinction from its owner. An LLC is a business that has limited liability for its owners. A corporation is a business entity that is separate from its owners and offers protection for them against liability. keywords: business registration, business types, sole proprietorship vs llc How to Register Your Business Name in Your State This article explains how to register your