![]() To figure out if this is the case for you, ask yourself two questions: That’s because if you’re not going to take full advantage of the personal-finance protection benefits, then an LLC is a waste of time and money. Most freelancers (graphic designers, copywriters, consultants) who work out of a laptop and local coffee shop will find it useless. ![]() The flexibility of LLC’s mean that any type of business can fit under an LLC, but that doesn’t mean it’ll be worth it for you. Organization and management flexibility.Minimum paper-work to form and maintain.Personal finance protection from business liabilities including taxes, debts, and lawsuits.LLC stands for “Limited Liability Company.” As one of four major legal business entities, LLCs are the most versatile business structure because they offer business owners three major benefits.
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