When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities it provides. If you've thought about starting an LLC, follow this guide for step-by-step information.
What is a limited liability company?
LLCs are a type of business entity that are similar to corporations in many ways. As the name suggests, LLCs provide personal liability protection to their owners. They also boast a lot of flexibility in management, taxation, and the allocation of profits and losses. READ MORE