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What is a LLC, Limited Liability Company and its benefits?

April 26, 2017Benefits limited liability company LLC

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What is a LLC, Limited Liability Company and its benefits?

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A Limited Liability Company, LLC is specially designed by the federal government for the sole purpose of protecting the personal assets of the member/ owner of every business type. These entities can have unlimited members / owners, but typically 10 – 15 member / owners, is the normal range of ownership within these small businesses.