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Advantages of LLC (Why You Should Form an LLC)

Advantages of LLC (Why You Should Form an LLC) Start your business here:

Simply put, a Limited Liability Company is the least complex business structure. Unlike a corporation, an LLC's structure is flexible. It also gives you the perk of pass-through taxes, limited liability, and legal protection for your personal assets. Plus the added benefit of looking more legit than other business which are not LLC’s or corporations.

There are several advantages to a Limited Liability Company, but here are a few that stand out.

And finally, LLC’s enjoy Enhanced Credibility. Partners, suppliers, and lenders may look more favorably on your business when you've formed an LLC.

For example, if you’re in an online drop-shipping business, wholesalers are constantly bombarded by people with “great business plans” who ask them a lot of questions, take up a lot time and then never order anything.

So if you're launching a new business, be sure to have a Limited Liability Company already set up so that when you call and want to start working with a whole-seller, you will look more credible as a Limited Liability Company.

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Sam Mollaei, Esq., Business Lawyer for Entrepreneurs & Creative Artists

Why do I teach? As a business owner and entrepreneur for over a decade, I have found the legal aspect of business to be daunting and confusing.

After consulting and teaching business law for many years, I decided to combine my passion in video production and teaching to create online courses to make the legal aspects of business as easy and approachable as possible.

I have a strong passion in sharing my secrets and I hope to inspire you to succeed in your business.

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