This may not apply to everyone, but it’s important for those who are in business for themselves. By setting up a limited liability corporation, you essentially protect your personal assets from liability. For example, if you if you make a living mowing lawns and get sued, the plaintiff can only go after money associated with your lawn mowing business. Setting up an LLC makes it easier to start a business without putting your entire financial health at risk. You can set up an LLC online for less than $100.
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