Advantages of LLC (Why You Should Form an LLC)

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Mollaei Law
Published at : 04 Nov 2020
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Simply put, a Limited Liability Company is the least complex business structure. Unlike a corporation, an LLC's structure is...

LLC's give you the perk of pass-through taxes, limited liability, and legal protection for your personal assets. Plus the added benefit of looking more legit than other business which are not LLC’s or corporations.

There are several advantages to a Limited Liability Company, but here are a few that stand out.

And finally, LLC’s enjoy Enhanced Credibility. Partners, suppliers, and lenders may look more favorably on your business when you've formed an LLC.

For example, if you’re in an online drop-shipping business, wholesalers are constantly bombarded by people with “great business plans” who ask them a lot of questions, take up a lot time and then never order anything.

So if you're launching a new business, be sure to have a Limited Liability Company already set up so that when you call and want to start working with a whole-seller, you will look more credible as a Limited Liability Company.

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🧔 ABOUT SAM MOLLAEI, ESQ.

Sam Mollaei, Esq. is the #1 highest rated business lawyer online with more than 820 5-Star reviews on Google and founder of Mollaei Law.

Sam has helped thousands of entrepreneurs and influencers all over the world register and grow their U.S. based business to 6 and 7-figures per month, while serving the world with total authenticity.

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Sam Mollaei Esq.
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DISCLAIMER: This video and content is for general information only. The information presented should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Nothing herein is intended to nor constitutes a guarantee, warranty or prediction regarding the outcome of your legal matter. This description may contain affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefited from personally.

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