Detailed Answer
Sole proprietors in federal contracting:
**Registration Requirements:**
- Use SSN or EIN for SAM.gov registration
- Can use personal name or DBA
- Same registration process as other entities
**Considerations:**
- Personal liability for contract performance
- Personal assets at risk
- May face perception issues for larger contracts
- Some contracts require specific entity types
**Recommendations:**
- Consider forming LLC for liability protection
- Ensure adequate insurance coverage
- Separate business and personal finances
- Understand bonding requirements
**Advantages:**
- Lower formation/maintenance costs
- Simpler tax filing
- Full control of business
- Easy to convert to LLC later
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