Advantages and disadvantages of an LLC ?

0 votes
asked Dec 24, 2021 in H&E by Luckypenguin (1,000 points)
Tell us from your experience about all the pitfalls. Thank you

2 Answers

0 votes
answered Dec 24, 2021 by pixie2 (1,660 points)
These are the most affordable legal entities in terms of formation and maintenance. And for me it is an ideal option. I don't know what the disadvantages might be, perhaps it depends on the type of business.
0 votes
answered Dec 24, 2021 by willisblanch (1,740 points)

There are a lot of nuances here. An LLC protects your personal assets and increases the credibility of your business, but when it comes to finding investors it is not the best option. I advise you to get a full consultation from an expert on how to start an llc, so you can take into account all the details. 

 

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