Serious Business Owners Start LLC’s

 

One of the riskiest forms of business is the “exposed” sole proprietorship. Each day could “literally” be the end for your business.

 

Help me start my LLC

LLC’s Protect You & Your Business

Legal Protection

Reduce Taxes

PERSONAL CREDIT RISK

Investor Friendly

Your Business is “Exposed”

 

We call it “Exposed” because it provides you no protection at all. Each day, each job, each sale you make exposes you to a massive amount of risk. An “Exposed Sole Proprietorship” is the most dangerous form of business there is.

 

If you are looking to setup your business for the long term, & ensure that you are protecting your family & yourself, then setting up an LLC needs to be your next priority.

Risk #1

NO LIABILITY PROTECTION

The business structure you have right now means that your business is not different from you or your family in an legal way.

This means that if your business loses a lawsuit, that your personal assets can be used to settle the claims.

This could be your car, your house, your jewelry, your investments, or other personal possessions.

Risk #2

MASSIVE TAX BILLS

When you have a “Naked Sole Proprietorship” there are several tax problems that you can’t avoid.

One is Self Employment Tax. While S-corps give you a break, your current structure means you pay thousands more.

Also, your “Exposed Sole Proprietorship” could be limited on deductions like the new Sec 199A pass-through deduction. Not good.

Risk #3

PERSONAL CREDIT RISK

Because your business is tied directly to you personally, that also means that your personal credit is at risk.

If you lose a lawsuit, have an employee problem, or any other claim against the business, that goes against your personal credit score.

If you value your credit and your ability to buy homes and cars, you need to change your business structure right away.

LLC Setup & Education

 

$129

+ State Fees

LLC Registration & Filing

Operational Meeting

Guide: Maintain Liability Protections

New LLC Startup Checklist

Free Evaluation

Quick & easy chat with one of our LLC specialists to help you decide if an LLC is right for you. We can review what you need to do to make the switch for your business & answer any questions you may have.

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