STARTING A BUSINESS? SHOULD YOU START A LLC OR REMAIN A SOLE PROPRIETOR | TEAM TIGGIO
Company Link: https://bit.ly/3PZIMAm
Apply for Capital On Tap Business Card Today: https://bit.ly/3rzZGuk
Apply for Webull Today: https://bit.ly/3pZEZrf
Join Coinbase: https://bit.ly/3fg4r6r
Website of Gate.io: https://bit.ly/3q8RXDg
Thank you for watching our video
Limited Liability Company Versus a Sole Proprietorship
One of the key benefits of an LLC versus the sole proprietorship is that a member’s liability is limited to the amount of their investment in the LLC. Therefore, a member is not personally liable for the debts of the LLC. A sole proprietor would be liable for the debts incurred by the business. This liability, however, is dependent upon following the rules associated with an LLC. If you treat the LLC the way you would a sole proprietorship, you lose the liability protections.
You see an opportunity that you can’t pass up, but you need to act fast
🔥 (Create Video Ads) Invideo:
https://invideo.sjv.io/x9Ejok
🔥 Thumbtack:
http://bit.ly/2Y4sDCm
🔥 Bark.com:
http://bit.ly/2xKWFMz
🔥 Elementor:
https://bit.ly/3jVavmn
🔥 Background Remover:
https://bit.ly/3nlLEKn
🔥 Forex Broker Account:
https://bit.ly/31lQBJN
🔥 Fiverr Account:
https://bit.ly/3dKh4FF
YOUTUBE SEO TOOLS:
🔥VidIQ: https://vidiq.com/#_l_zc
🔥TubeBuddy: https://bit.ly/3tC9jIn
#llc #startingabusiness #SoleProprietorship
Disclaimer: I am not a financial advisor. This is not financial advice. The words expressed in this video are for entertainment purposes only. Please don’t invest in any company that you haven’t researched.