We Recommend using Northwest to form your LLC which includes 1 year Free Registered Agent Service. 💼 Northwest 75% 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 link - https://go.truic.com/46SvCNT (paid) ($29 + state fee) What is an LLC and why is it so useful? LLC stands for Limited Liability Company, it is one of the most popular business structures and helps with Personal Asset Protection. *TIMESTAMPS* 0:00 - What is an LLC 1:09 - Main Features of an LLC 2:07 - How an LLC protects your personal assets 3:02 - How LLCs are taxed 4:19 - The Importance of an Operating Agreement 5:11 - Using a professional LLC formation service 6:34 - Conclusion ------------- *DISCOUNT LINKS, FREE TOOLS & RESOURCES* _Below we have some paid links from our partners. If you decide to use their services through our exclusive negotiated deals, we get paid a small percentage. Thank you for your support in our efforts to make business information free for all!_ We Recommend using Northwest to form your LLC which includes 1 year Free Registered Agent Service. 💼 Northwest 75% 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 link - https://go.truic.com/46SvCNT (paid) ($29 + state fee) 📙 Read our free 'What is an LLC?' guide : https://howtostartanllc.com/what-is-an-llc 🚀 Learn How to Form an LLC here: https://howtostartanllc.com/form-an-llc 🏷️ Check out our Business Name Generator to make a great name for your LLC https://howtostartanllc.com/business-name-generator ----------- This video explains the unique advantages of an llc, which makes this business structure so popular. We will go over Limited Liability Company’s Advantages including Personal asset Protection. We also cover related topics to help you understand what you need to know, such as: - Corporate Veil https://howtostartanllc.com/maintain-llc-corporate-veil - LLC Taxation https://howtostartanllc.com/taxes/llc-taxes - LLC Operating Agreement https://howtostartanllc.com/what-is-an-llc-operating-agreement - Cost to Form an LLC https://howtostartanllc.com/cost-to-form-an-llc - EIN number: https://howtostartanllc.com/what-is-an-ein ----------- 🔔 Please like, comment, and subscribe if you appreciate our content, and want to see more! 🔥 At TRUiC we are dedicated to providing the most useful information for small business owners, and would love to see your feedback in the comments on what other information you need to help follow your entrepreneurial dreams. #llc #smallbusiness #startingabusiness #whatisanllc #smallbusiness