How are LLCs different from sole propreitorship?

Sole propreitorships are the easiest to start. There may be additional business licenses required as per your industry, so please check out your state's website for additional details.

LLCs protects from personal liability. Also LLCs provides greater flexibility as you grow your business, it also makes it easiers to add partners as members. LLCs also have opearating agreement and other procedures that make it easy to add members.

 

 


Posted In: Company Formation

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