LLC stands for limited liability company. An LLC protects your personal assets from creditors and lawsuits that come after your business, limiting your liability. There are certain things you can ...

However, a sole proprietorship can only have one owner. In contrast, an LLC provides the option to have multiple. If a business owner wants to operate as an LLC without shared ownership ...

Westend61 / Getty Images A limited liability company (LLC) is a type of business structure taxed like a partnership or sole proprietorship, where taxes are reported on the owners' personal tax ...

An LLC is a common business structure that protects its owners from personal liability, meaning their personal assets are protected in the event of bankruptcy or a lawsuit. Typically, LLCs are ...

An LLC operating agreement can serve as a directive for a limited liability company, outline the responsibilities of the owners (called members) and protect the owners from being personally liable ...

You’ve started an LLC for the first time in your life, and you’re quickly realizing that running a small business comes with several risks, even though your LLC status protects your personal ...

Commissions do not affect our editors' opinions or evaluations. A limited liability company (LLC) is one of the most powerful tools available to entrepreneurs. It protects the owners from business ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Erin Gobler is a personal finance coach and a writer with over decade of ...

LLC loans are essentially the same as any other small-business loans, except they're specifically financing your LLC. Many, or all, of the products featured on this page are from our advertising ...

Commissions do not affect our editors' opinions or evaluations. Do you plan to set up a limited liability company (LLC) in the Sunshine State but don’t know where to begin? That’s ...

She is based out of Los Angeles, CA. Hiring an LLC service is the first step to create an LLC. While you can do it yourself, these businesses can support you through state-specific formation steps ...