Call Us Now: +1 (877) 330-2677 Live Chat: ONLINE NOW            
https://d25eic0jctudgb.cloudfront.net/images/site/general/answers-to-answers-8743d0241f5d8c2c996225efe2063f89
https://d25eic0jctudgb.cloudfront.net/images/site/headlines/articles.jpg-5fa541d76bf4be9016b1176147b3bc96

LLC advantages

Asked by: bee - 18 October, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 What are the advantages to being an LLC versus just opening your door to do business?
Answered by: Ray Albert - 21 October, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Bee,

The primary advantage of registering an LLC as opposed to just doing business as a sole proprietor or a general partnership is in the fact that LLC is a legal entity separate from its owners. The name "Limited Liability Company" implies that the company liability does not apply to its owners.

This is what limited liability means: having your business organized as a limited liability entity, such as an LLC, separates your business from your personal assets (real estate, vehicles, etc.) In other words, if your business is sued your personal assets are off limits in case the business looses the law suit.

Keep in mind that different states provide different levels of limited liability protection. Some states such as Delaware, Wyoming or Nevada are famous for being incorporation friendly partially because their laws provide good limited liability protection.

We Want To Connect With You!

Social Media is increasingly the preferred method for businesses to connect with their clients, peers and customers. We are dedicated to share information and useful tools to help you grow your business.

Like us on Facebook, follow us on Twitter, and let's begin the exchange to Help Grow America One Business at a Time - starting with yours!

https://d25eic0jctudgb.cloudfront.net/images/site/general/payment-methods-footer-052a63251a379d6e5ece1801f07470fc Official PayPal Seal SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment