The LLC is the most popular business structure in America for good reason. But the fortress walls of an LLC only protect you if you maintain them properly.
A Limited Liability Company creates a legal separation between you and your business. If the business gets sued or incurs debt, generally only the LLC’s assets are at risk, not your personal house, car, or savings.
Why do most small businesses choose to be LLCs?
Liability protection. This is the main reason. An LLC can shield your personal assets from business liabilities.
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