What is an LLC ? - Limited Liability Company

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What is an LLC and why is it so useful? LLC stands for Limited Liability Company, it is one of the most popular business structures and helps with Personal Asset Protection.

*TIMESTAMPS*
0:00 - What is an LLC
1:09 - Main Features of an LLC
2:07 - How an LLC protects your personal assets
3:02 - How LLCs are taxed
4:19 - The Importance of an Operating Agreement
5:11 - Using a professional LLC formation service
6:34 - Conclusion

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💼 Form your LLC with Northwest and get 1 Year of Free Registered Agent Service:

📙 Read our free 'What is an LLC?' guide :

🚀 Learn How to Form an LLC here:

🏷️ Check out our Business Name Generator to make a great name for your LLC

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This video explains the unique advantages of an llc, which makes this business structure so popular. We will go over Limited Liability Company’s Advantages including Personal asset Protection. We also cover related topics to help you understand what you need to know, such as:
- Corporate Veil
- LLC Taxation
- LLC Operating Agreement
- Cost to Form an LLC
- EIN number:

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#llc #smallbusiness #startingabusiness #whatisanllc #smallbusiness

[HowtostartanllcOfficial]

We Recommend using Northwest to form your LLC which includes 1 year Free Registered Agent Service.
($29 + state fee)


🚀 Learn How to Form an LLC here:

🏷️ Check out our Business Name Generator to make a great name for your LLC

[jewelrobinson]

I cried when I watched this because I was so confused and now it looks so clear. Thank you. I will share this because more people need to see this.

[ELISHACAEZ]

It's sad to see that there are so little views and so little comments on this video, Just goes to show that people don't want to achieve more and/or don't know how to do it
Guess that's why we will be so successful :/

[ijeomaemenanjo]

Staring my journey today on my entrepreneurial dreams. Thanks for the details

[PlagueKing_LordFalix]

Very clear video. Now I just have to watch it 50 more times for it all to stick.

[SpunkyJT-tnwc]

took me longer than 7 minutes to get all that into my head lmao.

[travisray]

This is great information. I filed on my own, have an operating agreement, EIN, separate business account, and have worked out my state taxes. This is a very helpful video. I’ll be sharing it with my friend who is interested in starting her LLC.

[HealthyBodyForLife]

Just filed my first LLC. Thank you! Wish me luck! :D

[aspire]

Thank u so much..for a 7 minutes..this is more than enough

[mdelatorre]

Barbz, I think Im streaming the wrong LLC song

[youlovemelix]

This video is perfect I started a partnership recently so I’m trying to see if an LLC or an LLP is a better option. Wish I found this video when I took business law 😭🤦🏽‍♀️

[crecenciolozano]

I was reading my classroom text, and was having trouble- I guess I'm more of a visual learner. Your video helped a lot, thank you.

[simonbell]

Wow. I never heard anybody explain it so well. Thank you

[mrmusic]

Glad I looked at this. Made up my mind to start my own business.

[blakelydonut]

my dad gave me this as an assignment and this video helped so much thank you

[BrandonAhmaud]

This series is very helpful and easy to understand. I'm going to form an LLC this week. Thanks!

[avigeeky]

I think this video was truly informational and helped me understand greatly compared to when I started the video. Thank for this and I pray my brand will only go up from here. I will still do more research to gain more knowledge on what i need but thank you for bringing clarity to what an LLC essentially means.

[investbig]

Thank you very much for the treasure that you are sharing public much appreciated ☺️🙏🙏✌️

[LIfeisAdorbz]

A TRUE BLESSING !!! THANK YOU FOR ALL YOU DO, ALL YOU HAVE DONE, AND ALL YOU WILL DO. We greatly appreciate you. God bless (;

[com_shawyan]

The straight-forward resource I found on LLC. Deserves many likes!