Pros and cons of LLCs

[Zize55]

I am thinking about what would open a limited liability company and before I do that I want to actually study everything. What pros and cons do you know? Maybe some of you have opened it or thought about it and also studied it?

[niccol1]

I am thinking about what would open a limited liability company and before I do that I want to actually study everything. What pros and cons do you know? Maybe some of you have opened it or thought about it and also studied it?

Among the significant advantages of an LLC over a sole proprietorship are the possibility of its creation by several persons at once, as well as the wide range of activities that can be carried out. And probably one of the most important advantages that attracts businessmen is the responsibility only within the limits of one's share in the authorized capital. Whereas a sole proprietorship is responsible for its activities with its own personal property. I think you will figure out how to start an llc, because there are quite a few advantages.

[FinnDadswell]

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