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LLC vs. Sole Proprietorship

It’s finally that time to decide on how you want to setup your business. Maybe this is your first rodeo, or maybe you’re a seasoned “sole prop” veteran who’s wondering what the real benefits would be to starting (or transitioning to) a Limited Liability Company.

First off, let’s break down that name: What does it mean to be “Limited Liability” ?

LLC’s have one real, solid benefit: Their debt is NOT your debt

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