S Corp versus Sole Proprietor

Hi, I have been in business for 15 years in a technology type business and there are no employees other than myself. The technology has grown past my services and the business is dwindling. I have always been an S Corp and thinking that I may be advantages to switch the company to a sole proprietor to save costs ( ei payroll checks, etc.etc. ). Does anyone have any insight as to whether or not this may be a good or bad idea? the business may have another year or so or less. Thanks

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