Setting up a business as a limited liability company (LLC) can protect personal assets and shield entrepreneurs from business debts, while providing more flexibility than forming a corporation.
If you're starting a small business, generally the first step is setting up the legal structure of your business. There are several options, even if you're running a solo operation, which can get ...
Opting for an LLC is a better choice than a C-corporation for businesses with one or more members who wish to safeguard their assets and pay lower taxes. Incfile assists businesses of various sizes ...
What Does LLC Mean: Asset Protection The restricted liability protection that an LLC offers is its most important advantage. The owners’ personal assets may be protected from the company’s obligations ...
Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...
Short for “limited liability company,” an LLC is a popular type of business structure used to protect small business owners from legal liability around their personal assets if the LLC is sued or ...
You probably have a Google Doc open with five different LLC checklists, three tabs of state fee charts, and a text from your co-founder asking, “Do we really need a registered agent?” Meanwhile, ...