The top priority of business owners choosing to start an LLC is protection against liability. The desire to keep personal family assets and accumulated wealth safely tucked away is the key concern, particularly with the rising number of lawsuits challenging LLCs. Many entrepreneurs start multiple … [Read more...] about The Number 1 Reason People Start An LLC
One Reason To Set Up An LLC — It’s Good Marketing
Think about it; setting up an LLC tells your customers a lot about your company. Business coaches regularly preach marketing! Without it, your business isn’t likely to succeed. So, tell potential customers that you mean business and set up an LLC! You’re serious about your company and what you’re … [Read more...] about One Reason To Set Up An LLC — It’s Good Marketing
Coming To Tulsa For $10,000? You Should Set Up An LLC
Remote work sounds perfect, but do you need to set up an LLC? Tulsa is a great place to live! With $10,000 added, it couldn't get any better. Kate Smith with CBS News, reports "In partnership with the George Kaiser Family Foundation, which is footing the bill, Oklahoma's second-largest city … [Read more...] about Coming To Tulsa For $10,000? You Should Set Up An LLC
Lawsuits To Pierce LLC Veil On The Rise
Are your personal assets safe? Will your LLC hold up in the face of a legal challenge? Lawsuits to pierce the protective veil are issues LLCs face with an alarming increase in litigation. Your LLC was likely set up to protect you personally from exposure to unwanted and unnecessary liability. When … [Read more...] about Lawsuits To Pierce LLC Veil On The Rise
Managing Liability Risks In Residential Rental Property Using An LLC
If you own real estate, such as residential rental property, then you may have thought about managing liability with an LLC. In other words, going completely bare of insurance. The strategy is to pocket the money normally spent on insurance premiums. The LLC shields your liability … [Read more...] about Managing Liability Risks In Residential Rental Property Using An LLC