What is an LLC? (Limited Liability Company) - The Most Popular Way to Start Your Business

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

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

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What is an LLC (Limited Liability Company) 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. In this in-depth guide on Limited Liability Companies (LLCs), we explain the benefits like personal asset protection and pass-through taxation. We also cover different types of LLCs, how to form one, and discusses their advantages over other business structures, making it essential for aspiring entrepreneurs and small business owners.

*TIMESTAMPS*
0:40 - 1 What is an LLC?
1:29 - 2 Advantages of an LLC
3:49 - 3 Disadvantages of an LLC
4:25 - 4 Who can form an LLC?
4:47 - 5 Types of LLCs
5:48 - 6 How to Form an LLC?

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*DISCOUNT LINKS, FREE TOOLS & RESOURCES*

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

Registered Agent Service:

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

Learn How to Form an LLC, here:

Corporate Veil:

Choosing a Business Structure:

LLC Taxation:

LLC Operating Agreement:

Cost to Form an LLC:

EIN number:

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#whatisanllc #llc #limitedliabilitycompany #smallbusiness #startingabusiness #businessstructure #smallbusiness

[HowtostartanllcOfficial]

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

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

[thosegains]

I have a SP now but thinking about going the LLC route

[robertortiz-wilson]

Very clear and helpful, thank you. Subscribed.

[ArlissJohnson]

The girl who's talking on here she's very beautiful ❤

[davidhoppe]

If you win a power ball lottery should you start an llc to protect money ?

[richscott]

I have a lawn care company they have me listed as incorporated is that OK?

[ohanailo]

You failed to mention where and who issues the, K-1 Form and what it does for the viewer, who is thinking about starting a business. Are you a recent college graduate with a business degree or a degree in law? Checked your page and there was information lacking on you as the broadcaster. What is your background?

[Steven]

You cannot protect your assets with an LLC, nothing protects you from negligence, NOTHING, so get over it.