Benefits of becoming an LLC?

The major benefit of doing business as an LLC (as the name implies) is limited liability. If your business is one in which you may incur liability for large business debts, or if your business carries a risk of harming others (such as a delivery truck causing a traffic accident) the LLC can protect your personal ets. There may also be certain tax advantages to operating your business as a separate entity, such as an LLC or S Corp. Adam Fullman