What is an LLC? (Limited Liability Company)

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What is an LLC (Limited Liability Company) and why is it so useful? LLC stands for Limited Liability Company, it is one of the most popular business structures and helps with Personal Asset Protection. In this guide to Limited Liability Companies we explain everything you need to know about this type of business structure, from the basics to taxation and asset protection. Watch now and take the first step towards launching your dream business!

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💼 Form your LLC with Northwest and get 1 Year of Free Registered Agent Service:
https://go.truic.com/3RR4N8A

📙 Read our free 'What is an LLC?' guide :
https://howtostartanllc.com/what-is-a...

🚀 Learn How to Form an LLC, here:
https://howtostartanllc.com/form-an-llc

🏷️ Check out our Business Name Generator to make a great name for your LLC
https://epicbusinessnames.com/

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TIMESTAMPS
0:00 - What is an LLC
1:33 - Advantages of an LLC
3:49 - Disadvantages of an LLC
4:26 - Who can form an LLC
4:49 - Types of LLCs
5:49 - How to start an LLC
6:24 - Summary

This video explains the unique advantages of an llc, which makes this business structure so popular. We will go over Limited Liability Company’s Advantages including Personal asset Protection. We also cover related topics to help you understand what you need to know, such as:
Corporate Veil
https://howtostartanllc.com/maintain-...
LLC Taxation
https://howtostartanllc.com/taxes/llc...
LLC Operating Agreement
https://howtostartanllc.com/what-is-a...
Cost to Form an LLC
https://howtostartanllc.com/cost-to-f...
EIN number:
https://howtostartanllc.com/what-is-a...

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