Benefits Of An LLC
From Smallbusinesslibrary
LLC Advantages (Gaebler.com)
Describes some of the advantages of an LLC such as being able to pass income and losses directly through to the member's personal income taxes rather than being taxed twice as corporations are. On the negative side, you may have difficult raising capital from investors or selling stock.
How To Set Up a Limited Liability Company (About.com)
Setting up an LLC is easy to do and you often can set one up without the help of a lawyer.
Limited liability company (Wikipedia)
Provides some of the advantages and disadvantages of LLCs.
The Costs and How to Become an LLC (Fox Business)
LLCs offer flexibility in whether you want to be taxed as a corporation, S-corp, partnership, or individual. Virtually all states charge a flat fee and some states require that you publish a notice of your LLC formation in the newspaper. One disadvantage is that if a member of your LLC leaves, your LLC may be dissolved.
LLC Basics (Entrepreneur.com)
Explains the basics and the pros and cons of forming an LLC. Another benefit of an LLC is that members can divide the profits or losses disproportionately to the member's ownership in the LLC.
What You Should Know Before You LLC (Business Insider)
An LLC can give your small business added credibility with customers.
