Starting a Coffee Shop Business: Part One (Planning)
What is an LLC and why is it so useful? LLC stands for Limited Liability Company, it is one of the most popular business structures and helps with Personal Asset Protection.
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0:00 – Intro
1:09 – Main Features of an LLC
2:07 – How an LLC protects your personal assets
3:02 – How LLCs are taxed
4:19 – The Importance of an Operating Agreement
5:11 – Using a professional LLC formation service
6:34 – Conclusion
๐๐ฟ๐ฒ๐ฒ ๐๐๐ถ๐ฑ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐จ๐๐ฒ๐ณ๐๐น ๐๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป:
๐ผ Read our free, written “What is an LLC?” guide :
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This video explains the unique advantages of an llc, which makes this business structure so popular. We will go over Limited Liability Companyโs Advantages including Personal asset Protection. We also cover related topics to help you understand what you need to know, such as:
– Corporate Veil
https://howtostartanllc.com/maintain-llc-corporate-veil?ref=ytwllc
– LLC Taxation
https://howtostartanllc.com/taxes/llc-taxes?ref=ytwllc
– LLC Operating Agreement
https://howtostartanllc.com/what-is-an-llc-operating-agreement?ref=ytwllc
– Cost to Form an LLC
https://howtostartanllc.com/cost-to-form-an-llc?ref=ytwllc
– EIN number:
https://howtostartanllc.com/what-is-an-ein?ref=ytwllc
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๐ฅ At TRUiC we are dedicated to providing the most useful information for small business owners, and would love to see your feedback in the comments on what other information you need to help follow your entrepreneurial dreams.
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