#021: What is an LLC? And do I need one? Profit Points
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- Business
What is an LLC?A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for their debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.Should I choose an LLC?When it comes to deciding if an LLC is right for you there are a lot of options and things to consider. An LLC lends itself to a lot of flexibility and ca...
What is an LLC?A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for their debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.Should I choose an LLC?When it comes to deciding if an LLC is right for you there are a lot of options and things to consider. An LLC lends itself to a lot of flexibility and ca...
17 min