How to Create an LLC: In 9 Steps
An LLC or Limited Liability Company is a business entity; a business structure created back in the 1970s as an alternative to a corporation.
It is described as a cross between a sole proprietorship, partnership, and corporation.
The basic premise behind an LLC is that the member or members of the LLC cannot be held personally responsible for tax debts, company liabilities.
Even if the business is forced to file bankruptcy, the members are shielded from spending their own money to cover any debts or payments.
LLCs are not subject to corporate tax; the owner or owners list the profits and or losses on their personal income taxes.
What should everyone know about an LLC?
When it comes to starting a business, it is important to realize that while you may think that you have a good idea for a business, there is much more to running a business than having good ideas.
You should be aware that there is much more to running a business than making products, selling them for a profit, and collecting all cash.
As a business owner, you should know the basic differences between a Corporation, an S-Corp, and an LLC. For example, what is an LLC?
An LLC stands for Limited Liability Company.
But what exactly is an LLC?
We will try to answer that question in this brief ebook.
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It is described as a cross between a sole proprietorship, partnership, and corporation.
The basic premise behind an LLC is that the member or members of the LLC cannot be held personally responsible for tax debts, company liabilities.
Even if the business is forced to file bankruptcy, the members are shielded from spending their own money to cover any debts or payments.
LLCs are not subject to corporate tax; the owner or owners list the profits and or losses on their personal income taxes.
What should everyone know about an LLC?
When it comes to starting a business, it is important to realize that while you may think that you have a good idea for a business, there is much more to running a business than having good ideas.
You should be aware that there is much more to running a business than making products, selling them for a profit, and collecting all cash.
As a business owner, you should know the basic differences between a Corporation, an S-Corp, and an LLC. For example, what is an LLC?
An LLC stands for Limited Liability Company.
But what exactly is an LLC?
We will try to answer that question in this brief ebook.
How to Create an LLC: In 9 Steps
An LLC or Limited Liability Company is a business entity; a business structure created back in the 1970s as an alternative to a corporation.
It is described as a cross between a sole proprietorship, partnership, and corporation.
The basic premise behind an LLC is that the member or members of the LLC cannot be held personally responsible for tax debts, company liabilities.
Even if the business is forced to file bankruptcy, the members are shielded from spending their own money to cover any debts or payments.
LLCs are not subject to corporate tax; the owner or owners list the profits and or losses on their personal income taxes.
What should everyone know about an LLC?
When it comes to starting a business, it is important to realize that while you may think that you have a good idea for a business, there is much more to running a business than having good ideas.
You should be aware that there is much more to running a business than making products, selling them for a profit, and collecting all cash.
As a business owner, you should know the basic differences between a Corporation, an S-Corp, and an LLC. For example, what is an LLC?
An LLC stands for Limited Liability Company.
But what exactly is an LLC?
We will try to answer that question in this brief ebook.
It is described as a cross between a sole proprietorship, partnership, and corporation.
The basic premise behind an LLC is that the member or members of the LLC cannot be held personally responsible for tax debts, company liabilities.
Even if the business is forced to file bankruptcy, the members are shielded from spending their own money to cover any debts or payments.
LLCs are not subject to corporate tax; the owner or owners list the profits and or losses on their personal income taxes.
What should everyone know about an LLC?
When it comes to starting a business, it is important to realize that while you may think that you have a good idea for a business, there is much more to running a business than having good ideas.
You should be aware that there is much more to running a business than making products, selling them for a profit, and collecting all cash.
As a business owner, you should know the basic differences between a Corporation, an S-Corp, and an LLC. For example, what is an LLC?
An LLC stands for Limited Liability Company.
But what exactly is an LLC?
We will try to answer that question in this brief ebook.
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How to Create an LLC: In 9 Steps
How to Create an LLC: In 9 Steps
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Product Details
| BN ID: | 2940186677635 |
|---|---|
| Publisher: | Susan Woodrow |
| Publication date: | 11/06/2022 |
| Sold by: | Barnes & Noble |
| Format: | eBook |
| File size: | 76 KB |
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