A limited liability company (LLC) is among the simplest and most preferred business structures. It’s flexible, easy to operate, and has many benefits you don’t want to miss. It combines the best features of corporations, partners, and sole proprietorships. The best part is that it’s recognized in all states and has fewer formalities. However, the rules may differ from state to state; hence, doing thorough research before Forming an LLC in any state would be best. That said, here are six things you should know: An LLC Offers Protection Against Limited Liabilities An LLC is a legal entity that exists

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