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Limited Liability (LLC)

 

LLC’s or a Limited Liability Company is a type of entity that you are able to register in various states. You are able to register a LLC through the Secretary of States’ office in the state that you want to form an LLC within.

LLC’s are created for many different reasons and one major reason can be the tax benefits that can be acquired. Taxes for Limited Liability Companies are done using something called pass through taxation. This means that the income earned by the business as well as taxes for the business would be reported by the members of the Limited Liability Company, it would not be separate from the individual.

Like Corporations, LLC’s are able to provide liability protection for your business. It provides protection by creating separation between you as an individual and the business. As long as the LLC is set up correctly, it will protect you from any liabilities or issues incurred by the business.

Advantages of Forming a LLC

An advantage that Limited Liability Companies also offer is the freedom to run your business without the hassle of continual reporting. Unlike corporations, LLC’s are not required to keep a record of meeting minutes e.t.c.. This makes it a lot easier to run an LLC, especially for new business owners who won’t have time to spend making sure they did the right paper work.

Using a third party to register new LLC’s , can be beneficial as well. Not only does it remove the burden of paper work, but it also gives you the assurance that the paperwork is done correctly, eliminating any possibility of problems in the future.

Arthor and Source: Joey Thompson

 

 

In the world of business, women are considered to be a minority regardless of their race. Many government contracts and business arrangements require that a minimum percentage of business transactions be handled using minority owned businesses. For this reason, getting a business certified as woman-owned can be advantageous and open up new markets for goods and services.

Starting a business can provide you with an income you've only dreamed of. Starting a business can also be very rewarding. You get to be your own boss, and you can work from home. Many people have started businesses online and make a steady income from these businesses. How do they do it?

How to Make Money with a Home Business

 

Google Advertising Tips

We all know that Google is the most used search engine in the world. Getting listed on the front-page of search results is the goal of all webmasters, and everyone will try to achieve this in different ways. The easiest way, but indeed the more expensive, is to run a PPC (Pay-Per-Click) campaign with Google AdWords.

How to Advertise with Google for Free



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