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How To Form an LLC Properly

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How To Form an LLC Properly

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Now that your small business is growing, it’s important to protect both your company and your own assets. Forming an LLC can help do that.

The LLC business structure combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation, creating the best of both worlds for business owners. This means that if you choose to form an LLC, your business will become it's own legal entity that has separate debts and legal matters.

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If you don't plan on raising investment money for your business, think you might need asset protection and need flexible business management and taxes, then an LLC is likely the best choice for your business.

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