You may have heard of an LLC, or limited liability company, if you’re considering launching a business. What is an LLC, though, and why do so many business owners opt for this structure? Everything you need to know about LLCs will be covered in this blog, from the fundamentals and advantages to the detailed procedure for creating an LLC.

What is an LLC?

A common company form that combines the limited liability protection of a corporation with the flexibility of a sole proprietorship or partnership is an LLC (Limited Liability Company). This implies that the owners, also known as member

s, are typically exempt from personal liability for the debts and legal commitments of the

business.