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What is a Limited Liability Company (LLC)?
A limited liability company is a business structure that offers its owners limited liability protection. LLCs are popular among small business owners and entrepreneurs because they combine the flexibility of a sole proprietorship or partnership with the limited liability protection of a corporation.
What Is an LLC?
A limited liability company (LLC) is a business entity that offers its owner's limited liability protection from personal financial losses.
How Does an LLC Protect Its Owners?
The biggest advantage of forming an LLC is that it limits the personal financial liability of its owners. This means that if the LLC is sued or incurs debts,
How Limited Liability Companies Work
If you're running a limited liability company (LLC), you're probably well aware of the many benefits that come with this type of business structure. But did you know that your LLC also offers some protection against personal liability in the event that your company is sued?