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Limited Liability Corporation

A Limited Liability Corporation can be established with a single owner. It is a safeguard. In the event your business is sued for some reason, the assets not associated with the business cannot be attached, unless you do something that is illegal, unethical, or very irresponsible. It will protect things like your car and your house. It is simply good business sense, and it is not hard to do. You file paperwork with your state and pay a fee. Some states also require you to public a notice in the local paper.

Fast Facts

  • Any small business owner can file for a Limited Liability Corporation.
  • Filing paperwork is easy, and only requires a filing fee.
  • It protects your personal assets, in the event of a lawsuit.

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