Category Archives: LLCs

What key things do you need to know about Limited Liability Companies?

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There is no one-size-fits-all approach to selecting a business entity and what’s best for your friends may not be what’s best for you. This post explains the key characteristics of a Limited Liability Company (LLC) because it’s a popular option among creative entrepreneurs. As a sole proprietor you are doing business as you, the individual. Legally, this means that your personal business is mixed up with your actual business. If something goes awry there is no liability protection for your personal assets. A



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