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When I started my LLC Company, I wanted to pay less in taxes, and invest the money I was saving to earn better returns.
And I wanted the freedom to do it from anywhere on earth.
I wanted to…
1. Keep more of my own money (lower taxes and less funny business)
2. Create a freedom lifestyle (living where I want and having option no matter what happens)
Now, I’m sharing what I’ve learned with you.
LLCs gives your business its own legal identity. In the eyes of the law, it’s a separate “person” that can own money, property and make agreements.
LLCs can be owned by one or more people, who are known as LLC “members.” An LLC with one owner is known as a single-member LLC and an LLC with more than one owner is a multi-member LLC.
Should I Form An LLC?
Forming your business as a limited liability company (LLC) helps:
- Protect you against lawsuits.
- Reduce paperwork compared to corporations and other legal entity types.
- Prevent your company from being taxed twice.
- Make your business appear more credible to customers and creditors.
A limited liability company (LLC) is just one of several business structures. Other common examples include:
- Corporations
- General Partnerships
- Sole Proprietorships
For most small business owners, a limited liability company offers the right mix of personal asset protection and simplicity.
Unlike sole proprietorships and general partnerships, LLCs can protect your personal assets if your business is sued. Unlike corporations, LLCs are relatively easy to form and maintain and are not subject to double taxation.
If you’d like to see if you’re a good fit for us to help you figure this stuff out,
CLICK HERE to learn about how we can do that.
If you you’re just getting started, or just aren’t sure where to start,
PROVEN STEPS FOR RUNNING A PROFITABLE ONLINE BUSINESS
See you on the inside,
Have a great weekend.
Ash
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