Why Opt For A Limited Liability Company

Title:
Why Opt For A Limited Liability Company?
Word Count:
483

Summary:
Entrepreneurs must already choose the legal structure of their business even before they start

Each of the three legal structures has its own advantages and disadvantages. A sole proprietor

Keywords:
business, corporation, LLC, partnership

Article Body:
Entrepreneurs must already choose the legal structure of their business even before they start

Each of the three legal structures has its own advantages and disadvantages. A sole proprietor

A partnership is better considering that two or more heads are always better than one. A partn

The next if not the best option is to form a corporation which would be composed of incorporat


While the corporation has proven to be the best option for business owner, there is apparently

A Limited Liability Company does not however require the bureaucracy of a corporation in terms

However, while a corporation can last for 50 years renewable for another period, a Limited Lia
Despite the disadvantages of forming a Limited Liability Company, it is still the best choice

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