Limited Liability company or LLC for short is a form of legal business ownership, that for the purpose of my small business is the best fit for my small company. LLC’s allow for greater protection for small businesses. LLC’s has other benefits compared to others including ease of operations, especially those similar to my independent consultations such as the one I have proposed. Additional, LLC provides significant tax brackets, that differ from larger corporate taxation, as initially my business will have more than two employees (taxid, 2020).
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