-
What is Limited Liability Company - Basics of LLCs
What is Limited Liability Company? Basics of LLCs and deep understanding of benefits of LLCs for starting your own Limited Liability company. Like, share and subscribe young entrepreneurs forum channel to get future videos.
Watch more videos on LLC - https://www.youtube.com/playlist?list=PL1O57nCUQ-e9Tomhxg7EEu_Ne3xpwDaUZ
#llc
#limitedliabilitycompany
#business
Thanks for watching What is Limited Liability Company - Basics of LLCs.
published: 24 Oct 2023
-
What is an LLC ? - Limited Liability Company
*Forming your LLC?* We recommend Northwest - get their *best discount* here:
https://go.truic.com/46SvCNT
🔥Includes 1 FREE Year of Registered Agent Services
Or, check out this $0 LLC solution from Tailor Brands:
https://go.truic.com/3zyWhEt
Consider this description box your one-stop-shop for free resources, how-to guides, and direct government links to help you start your business. If you use our discount links, we receive a small commission. This helps us continue to provide valuable information for free. Thanks for supporting our work!
---------
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
...
published: 11 May 2019
-
What is Limited Liability Company? | Siju Rajan Legal
For Trademark Registration, Private Limited Company, LLP, OPC, ISO Certification: +91 70124 31293
For Booking one-to-one consultation with Mr. Siju Rajan, visit www.sijurajan.com
Another Youtube channel: www.youtube.com/c/sijurajan
About Siju Rajan.....
Siju Rajan is a Brand coach, Business Strategist, an Organisation Development Interventionist and a trainer who helps businesses and start-ups to build their dream brand by helping in research and strategic planning, brand building and marketing. Siju Rajan is an experienced management and entrepreneurship coach with extensive training in both Commerce and Management. To date, he has trained over 10,000 people in various entrepreneurship disciplines and is the personal mentor to many entrepreneurs. He provides regular tips and advice o...
published: 21 Sep 2023
-
What is a Limited Liability Company or LLC? - LLC.com
For more information on forming an LLC or to receive a free LLC formation guide, to go http://bit.ly/IncorporateYourLLC
Learn the advantages of forming an LLC and why it is a popular business entity for many entrepreneurs and small businesses. LLC.com has the information needed to make an informed decision on which business structure is best for you including; tax advantages, asset protection, enhanced credibility and much more.
published: 19 Aug 2014
-
7 Benefits of Having An LLC | Limited Liability Company | Forming An LLC | What is an LLC?
Starting a business can be exciting! New Logo? Check. New Name? Check. In today's video, we discuss seven benefits of having an LLC. If you are on the fence about starting a limited liability company, tune in to find out these awesome reasons. Starting an LLC can be confusing. It doesn't have to be.
Amazon Affiliate Links Gear Used:
Sony a6400: https://amzn.to/3qeOG4h
Sigma 16 mm f1.4 lens: https://amzn.to/3fZxeMI
Elgato Key Lights (2): https://amzn.to/39sLRH5
Elgato Stream Deck XL: https://amzn.to/3lpmkAE
Elgato HD60 S+ Capture Card: https://amzn.to/3qn1mGE
Audio-Technica ATH-M50x Headphones: https://amzn.to/3fZjcux
Shure SM7B Microphone: https://amzn.to/3fQUNal
Rode PS1 Studio Arm: https://amzn.to/3llOLj3
Rode Rodecaster Pro: https://amzn.to/2VBlCpN
Cloudlifter CL-1: https:/...
published: 24 Nov 2020
-
What is an LLC? - (Limited Liability Company Information)
Understanding what an LLC is https://www.incfile.com/limited-liability-company, or a Limited Liability Company, is an important part of forming and securing your business. An LLC is a type of business entity that allows you to separate your personal assets and liabilities from those of your business, keeping you safe no matter what happens (whether you run into debt, lawsuits or bankruptcy https://www.incfile.com/blog/what-happens-to-401k-llc-closes).
While anyone can conduct business without an LLC, it’s much riskier to do so as your personal assets will be on the line. This means your home, vehicle and savings could all be taken should your business go under. Ready to get started? Form an LLC with Incfile for free today https://www.incfile.com/form-an-llc. For more, check out the Incfi...
published: 26 Apr 2020
-
Limited Liability and Unlimited Liability | The Key Differences Explained!
What is Limited Liability? Watch this video if you want to understand the difference between limited and unlimited liability in business.
SUBSCRIBE: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1
A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/limitedandunlimitedliability
If you are interested in business, then subscribe to our YouTube Channel for lots more Business related content. Videos are uploaded weekly, so why not learn everything there is to know about the world of business: http://www.youtube.com/c/TwoTeachers
Follow us on the following socials to see even more Business content:
Instagram: https://www.instagram.com/twoteachersbusiness
Facebook: https://www.facebook.com/TwoTeachersBusiness
Twitter: ...
published: 04 Apr 2022
-
What is Limited Liability? [No. 86]
Who does limited liability protect and why was it developed in the first place? Professor J.W. Verret explains that limited liability is the key to large scale development. Small investors could take a chance on a business opportunity without the risk that they would be held personally responsible for accidents or problems. These people might lose the money they invested, but they would not be pursued for larger debts that the company could incur on its own.
J.W. Verret is an Associate Professor of Law at Antonin Law School at George Mason University. He teaches Banking, Securities and Corporation Law.
As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.
Subscribe to the series’ playlist: ...
published: 01 Mar 2023
-
Why Mixing Finances Can Ruin Your LLC Status!
In this insightful video, discover the crucial reasons why maintaining your LLC status is vital. Join our expert, Erika Millard as they explain how mixing personal and business finances can jeopardize your legal protection and provide tips to keep your LLC intact. #LLCStatus #BusinessFinance #LegalProtection #EntrepreneurTips #StayInformed #BusinessAdvice #FinancialEducation #SmallBusiness #LLCTips #ProtectYourBusiness
published: 02 Nov 2024
-
What is an LLC and how are they used? What does LLC stand for? | LLC University®
What is an LLC and how does it work? Learn about the meaning of LLCs.
LLC stands for Limited Liability Company.
A Limited Liability Company, most commonly called an LLC, is a legal business structure that protects your personal assets (your home, car, and personal bank accounts) in the event your company is sued.
0:07 – What is an LLC used for?
0:15 – What are LLC owners called?
0:18 – How many people can own an LLC?
0:27 – How is an LLC created?
0:36 – What is the main reason people form an LLC?
1:19 – Common mistakes people make when talking about LLCs
1:59 – What's the difference between LLC vs Corporation?
2:40 – LLCs are affordable to set up
3:05 – An LLC has low maintenance requirements
3:33 – What are the steps to forming an LLC?
WHAT IS AN LLC?
LLC stands for Limited Liability...
published: 06 Nov 2015
3:27
What is Limited Liability Company - Basics of LLCs
What is Limited Liability Company? Basics of LLCs and deep understanding of benefits of LLCs for starting your own Limited Liability company. Like, share and su...
What is Limited Liability Company? Basics of LLCs and deep understanding of benefits of LLCs for starting your own Limited Liability company. Like, share and subscribe young entrepreneurs forum channel to get future videos.
Watch more videos on LLC - https://www.youtube.com/playlist?list=PL1O57nCUQ-e9Tomhxg7EEu_Ne3xpwDaUZ
#llc
#limitedliabilitycompany
#business
Thanks for watching What is Limited Liability Company - Basics of LLCs.
https://wn.com/What_Is_Limited_Liability_Company_Basics_Of_Llcs
What is Limited Liability Company? Basics of LLCs and deep understanding of benefits of LLCs for starting your own Limited Liability company. Like, share and subscribe young entrepreneurs forum channel to get future videos.
Watch more videos on LLC - https://www.youtube.com/playlist?list=PL1O57nCUQ-e9Tomhxg7EEu_Ne3xpwDaUZ
#llc
#limitedliabilitycompany
#business
Thanks for watching What is Limited Liability Company - Basics of LLCs.
- published: 24 Oct 2023
- views: 7946
7:29
What is an LLC ? - Limited Liability Company
*Forming your LLC?* We recommend Northwest - get their *best discount* here:
https://go.truic.com/46SvCNT
🔥Includes 1 FREE Year of Registered Agent Services
Or...
*Forming your LLC?* We recommend Northwest - get their *best discount* here:
https://go.truic.com/46SvCNT
🔥Includes 1 FREE Year of Registered Agent Services
Or, check out this $0 LLC solution from Tailor Brands:
https://go.truic.com/3zyWhEt
Consider this description box your one-stop-shop for free resources, how-to guides, and direct government links to help you start your business. If you use our discount links, we receive a small commission. This helps us continue to provide valuable information for free. Thanks for supporting our work!
---------
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 & RESOURCES*
_When you use our exclusive discount links to sign up with our recommended partners, you get great rates, and we earn a small commission. This helps us continue to provide valuable information for free. Thanks for supporting us!_
💼 Form your LLC with Northwest and get 1 Year of Free Registered Agent Service:
https://go.truic.com/46SvCNT
📙 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://epicbusinessnames.com/
---------
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
https://wn.com/What_Is_An_Llc_Limited_Liability_Company
*Forming your LLC?* We recommend Northwest - get their *best discount* here:
https://go.truic.com/46SvCNT
🔥Includes 1 FREE Year of Registered Agent Services
Or, check out this $0 LLC solution from Tailor Brands:
https://go.truic.com/3zyWhEt
Consider this description box your one-stop-shop for free resources, how-to guides, and direct government links to help you start your business. If you use our discount links, we receive a small commission. This helps us continue to provide valuable information for free. Thanks for supporting our work!
---------
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 & RESOURCES*
_When you use our exclusive discount links to sign up with our recommended partners, you get great rates, and we earn a small commission. This helps us continue to provide valuable information for free. Thanks for supporting us!_
💼 Form your LLC with Northwest and get 1 Year of Free Registered Agent Service:
https://go.truic.com/46SvCNT
📙 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://epicbusinessnames.com/
---------
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
- published: 11 May 2019
- views: 516219
4:30
What is Limited Liability Company? | Siju Rajan Legal
For Trademark Registration, Private Limited Company, LLP, OPC, ISO Certification: +91 70124 31293
For Booking one-to-one consultation with Mr. Siju Rajan, visi...
For Trademark Registration, Private Limited Company, LLP, OPC, ISO Certification: +91 70124 31293
For Booking one-to-one consultation with Mr. Siju Rajan, visit www.sijurajan.com
Another Youtube channel: www.youtube.com/c/sijurajan
About Siju Rajan.....
Siju Rajan is a Brand coach, Business Strategist, an Organisation Development Interventionist and a trainer who helps businesses and start-ups to build their dream brand by helping in research and strategic planning, brand building and marketing. Siju Rajan is an experienced management and entrepreneurship coach with extensive training in both Commerce and Management. To date, he has trained over 10,000 people in various entrepreneurship disciplines and is the personal mentor to many entrepreneurs. He provides regular tips and advice on entrepreneurship and management on his popular YouTube channel, and is also a columnist for Kerala’s top business magazine, Dhanam. He is the co-founder and chief consultant of Brandisam LLP, a brand development firm specializing in helping startups and small businesses build strong, recognizable brands.
#business #keralabusiness #sijurajan #sijurajanlegal #businessregistrations
https://wn.com/What_Is_Limited_Liability_Company_|_Siju_Rajan_Legal
For Trademark Registration, Private Limited Company, LLP, OPC, ISO Certification: +91 70124 31293
For Booking one-to-one consultation with Mr. Siju Rajan, visit www.sijurajan.com
Another Youtube channel: www.youtube.com/c/sijurajan
About Siju Rajan.....
Siju Rajan is a Brand coach, Business Strategist, an Organisation Development Interventionist and a trainer who helps businesses and start-ups to build their dream brand by helping in research and strategic planning, brand building and marketing. Siju Rajan is an experienced management and entrepreneurship coach with extensive training in both Commerce and Management. To date, he has trained over 10,000 people in various entrepreneurship disciplines and is the personal mentor to many entrepreneurs. He provides regular tips and advice on entrepreneurship and management on his popular YouTube channel, and is also a columnist for Kerala’s top business magazine, Dhanam. He is the co-founder and chief consultant of Brandisam LLP, a brand development firm specializing in helping startups and small businesses build strong, recognizable brands.
#business #keralabusiness #sijurajan #sijurajanlegal #businessregistrations
- published: 21 Sep 2023
- views: 3189
2:00
What is a Limited Liability Company or LLC? - LLC.com
For more information on forming an LLC or to receive a free LLC formation guide, to go http://bit.ly/IncorporateYourLLC
Learn the advantages of forming an LLC ...
For more information on forming an LLC or to receive a free LLC formation guide, to go http://bit.ly/IncorporateYourLLC
Learn the advantages of forming an LLC and why it is a popular business entity for many entrepreneurs and small businesses. LLC.com has the information needed to make an informed decision on which business structure is best for you including; tax advantages, asset protection, enhanced credibility and much more.
https://wn.com/What_Is_A_Limited_Liability_Company_Or_Llc_Llc.Com
For more information on forming an LLC or to receive a free LLC formation guide, to go http://bit.ly/IncorporateYourLLC
Learn the advantages of forming an LLC and why it is a popular business entity for many entrepreneurs and small businesses. LLC.com has the information needed to make an informed decision on which business structure is best for you including; tax advantages, asset protection, enhanced credibility and much more.
- published: 19 Aug 2014
- views: 316229
15:47
7 Benefits of Having An LLC | Limited Liability Company | Forming An LLC | What is an LLC?
Starting a business can be exciting! New Logo? Check. New Name? Check. In today's video, we discuss seven benefits of having an LLC. If you are on the fence a...
Starting a business can be exciting! New Logo? Check. New Name? Check. In today's video, we discuss seven benefits of having an LLC. If you are on the fence about starting a limited liability company, tune in to find out these awesome reasons. Starting an LLC can be confusing. It doesn't have to be.
Amazon Affiliate Links Gear Used:
Sony a6400: https://amzn.to/3qeOG4h
Sigma 16 mm f1.4 lens: https://amzn.to/3fZxeMI
Elgato Key Lights (2): https://amzn.to/39sLRH5
Elgato Stream Deck XL: https://amzn.to/3lpmkAE
Elgato HD60 S+ Capture Card: https://amzn.to/3qn1mGE
Audio-Technica ATH-M50x Headphones: https://amzn.to/3fZjcux
Shure SM7B Microphone: https://amzn.to/3fQUNal
Rode PS1 Studio Arm: https://amzn.to/3llOLj3
Rode Rodecaster Pro: https://amzn.to/2VBlCpN
Cloudlifter CL-1: https://amzn.to/3oi7aj5
Need help with your California business legal needs? Call (858) 956-5878
Check out https://www.thinklegalpc.com for more information!
Gusto Payroll
https://gusto.com/r/taylor6641
Connect with Us on Social Media!
Twitter - @thinklegalpc
Instagram - https://www.instagram.com/thinklegalpc
Facebook - https://www.facebook.com/thinklegalpc
LinkedIn - https://www.linkedin.com/company/thinklegalpc
Join our FREE Facebook group Tactical Startup
https://www.facebook.com/groups/tacticalstartup
Listen to our podcast Tactical Startup at:
https://tacticalstartup.buzzsprout.com
#teamstartup #SWOTteam #startups #tacticalstartup
https://wn.com/7_Benefits_Of_Having_An_Llc_|_Limited_Liability_Company_|_Forming_An_Llc_|_What_Is_An_Llc
Starting a business can be exciting! New Logo? Check. New Name? Check. In today's video, we discuss seven benefits of having an LLC. If you are on the fence about starting a limited liability company, tune in to find out these awesome reasons. Starting an LLC can be confusing. It doesn't have to be.
Amazon Affiliate Links Gear Used:
Sony a6400: https://amzn.to/3qeOG4h
Sigma 16 mm f1.4 lens: https://amzn.to/3fZxeMI
Elgato Key Lights (2): https://amzn.to/39sLRH5
Elgato Stream Deck XL: https://amzn.to/3lpmkAE
Elgato HD60 S+ Capture Card: https://amzn.to/3qn1mGE
Audio-Technica ATH-M50x Headphones: https://amzn.to/3fZjcux
Shure SM7B Microphone: https://amzn.to/3fQUNal
Rode PS1 Studio Arm: https://amzn.to/3llOLj3
Rode Rodecaster Pro: https://amzn.to/2VBlCpN
Cloudlifter CL-1: https://amzn.to/3oi7aj5
Need help with your California business legal needs? Call (858) 956-5878
Check out https://www.thinklegalpc.com for more information!
Gusto Payroll
https://gusto.com/r/taylor6641
Connect with Us on Social Media!
Twitter - @thinklegalpc
Instagram - https://www.instagram.com/thinklegalpc
Facebook - https://www.facebook.com/thinklegalpc
LinkedIn - https://www.linkedin.com/company/thinklegalpc
Join our FREE Facebook group Tactical Startup
https://www.facebook.com/groups/tacticalstartup
Listen to our podcast Tactical Startup at:
https://tacticalstartup.buzzsprout.com
#teamstartup #SWOTteam #startups #tacticalstartup
- published: 24 Nov 2020
- views: 84804
1:25
What is an LLC? - (Limited Liability Company Information)
Understanding what an LLC is https://www.incfile.com/limited-liability-company, or a Limited Liability Company, is an important part of forming and securing you...
Understanding what an LLC is https://www.incfile.com/limited-liability-company, or a Limited Liability Company, is an important part of forming and securing your business. An LLC is a type of business entity that allows you to separate your personal assets and liabilities from those of your business, keeping you safe no matter what happens (whether you run into debt, lawsuits or bankruptcy https://www.incfile.com/blog/what-happens-to-401k-llc-closes).
While anyone can conduct business without an LLC, it’s much riskier to do so as your personal assets will be on the line. This means your home, vehicle and savings could all be taken should your business go under. Ready to get started? Form an LLC with Incfile for free today https://www.incfile.com/form-an-llc. For more, check out the Incfile resource library: https://www.incfile.com/business-resources
00:00 What Does LLC Stand For?
00:05 What Does Forming An LLC Mean?
00:17 Understanding Limited Liability
00:40 Do I Need An LLC?
00:52 Risks of Not Filing an LLC
01:06 Filing an LLC is Quick and Easy with Incfile
#llc #BusinessRisks #PersonalLability #SmallBusinessProtection #FormAnLLC #Incfile
Related Videos:
https://www.youtube.com/watch?v=ZYG9H9c2Jxk
https://www.youtube.com/watch?v=R_oIgzYh7NU
https://www.youtube.com/watch?v=fHxVYURbaIM
https://www.youtube.com/watch?v=J-rWfGjYMno
https://wn.com/What_Is_An_Llc_(Limited_Liability_Company_Information)
Understanding what an LLC is https://www.incfile.com/limited-liability-company, or a Limited Liability Company, is an important part of forming and securing your business. An LLC is a type of business entity that allows you to separate your personal assets and liabilities from those of your business, keeping you safe no matter what happens (whether you run into debt, lawsuits or bankruptcy https://www.incfile.com/blog/what-happens-to-401k-llc-closes).
While anyone can conduct business without an LLC, it’s much riskier to do so as your personal assets will be on the line. This means your home, vehicle and savings could all be taken should your business go under. Ready to get started? Form an LLC with Incfile for free today https://www.incfile.com/form-an-llc. For more, check out the Incfile resource library: https://www.incfile.com/business-resources
00:00 What Does LLC Stand For?
00:05 What Does Forming An LLC Mean?
00:17 Understanding Limited Liability
00:40 Do I Need An LLC?
00:52 Risks of Not Filing an LLC
01:06 Filing an LLC is Quick and Easy with Incfile
#llc #BusinessRisks #PersonalLability #SmallBusinessProtection #FormAnLLC #Incfile
Related Videos:
https://www.youtube.com/watch?v=ZYG9H9c2Jxk
https://www.youtube.com/watch?v=R_oIgzYh7NU
https://www.youtube.com/watch?v=fHxVYURbaIM
https://www.youtube.com/watch?v=J-rWfGjYMno
- published: 26 Apr 2020
- views: 10144
3:12
Limited Liability and Unlimited Liability | The Key Differences Explained!
What is Limited Liability? Watch this video if you want to understand the difference between limited and unlimited liability in business.
SUBSCRIBE: https://w...
What is Limited Liability? Watch this video if you want to understand the difference between limited and unlimited liability in business.
SUBSCRIBE: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1
A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/limitedandunlimitedliability
If you are interested in business, then subscribe to our YouTube Channel for lots more Business related content. Videos are uploaded weekly, so why not learn everything there is to know about the world of business: http://www.youtube.com/c/TwoTeachers
Follow us on the following socials to see even more Business content:
Instagram: https://www.instagram.com/twoteachersbusiness
Facebook: https://www.facebook.com/TwoTeachersBusiness
Twitter: https://twitter.com/TwoTeachersBiz
#LimitedLiability #BusinessStartUp #BusinessExplained
https://wn.com/Limited_Liability_And_Unlimited_Liability_|_The_Key_Differences_Explained
What is Limited Liability? Watch this video if you want to understand the difference between limited and unlimited liability in business.
SUBSCRIBE: https://www.youtube.com/c/TwoTeachers?sub_confirmation=1
A free supporting activity worksheet is available to download on the following link: https://www.twoteachers.co.uk/limitedandunlimitedliability
If you are interested in business, then subscribe to our YouTube Channel for lots more Business related content. Videos are uploaded weekly, so why not learn everything there is to know about the world of business: http://www.youtube.com/c/TwoTeachers
Follow us on the following socials to see even more Business content:
Instagram: https://www.instagram.com/twoteachersbusiness
Facebook: https://www.facebook.com/TwoTeachersBusiness
Twitter: https://twitter.com/TwoTeachersBiz
#LimitedLiability #BusinessStartUp #BusinessExplained
- published: 04 Apr 2022
- views: 32229
3:22
What is Limited Liability? [No. 86]
Who does limited liability protect and why was it developed in the first place? Professor J.W. Verret explains that limited liability is the key to large scale...
Who does limited liability protect and why was it developed in the first place? Professor J.W. Verret explains that limited liability is the key to large scale development. Small investors could take a chance on a business opportunity without the risk that they would be held personally responsible for accidents or problems. These people might lose the money they invested, but they would not be pursued for larger debts that the company could incur on its own.
J.W. Verret is an Associate Professor of Law at Antonin Law School at George Mason University. He teaches Banking, Securities and Corporation Law.
As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.
Subscribe to the series’ playlist: https://www.youtube.com/playlist?list=PLWwcngsYgoUUZbOYW__5aGAR25VawDu6A
#law #lawstudent #no86 #lawschool #corporatelaw #corporatelawyer
https://wn.com/What_Is_Limited_Liability_No._86
Who does limited liability protect and why was it developed in the first place? Professor J.W. Verret explains that limited liability is the key to large scale development. Small investors could take a chance on a business opportunity without the risk that they would be held personally responsible for accidents or problems. These people might lose the money they invested, but they would not be pursued for larger debts that the company could incur on its own.
J.W. Verret is an Associate Professor of Law at Antonin Law School at George Mason University. He teaches Banking, Securities and Corporation Law.
As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.
Subscribe to the series’ playlist: https://www.youtube.com/playlist?list=PLWwcngsYgoUUZbOYW__5aGAR25VawDu6A
#law #lawstudent #no86 #lawschool #corporatelaw #corporatelawyer
- published: 01 Mar 2023
- views: 27993
0:28
Why Mixing Finances Can Ruin Your LLC Status!
In this insightful video, discover the crucial reasons why maintaining your LLC status is vital. Join our expert, Erika Millard as they explain how mixing perso...
In this insightful video, discover the crucial reasons why maintaining your LLC status is vital. Join our expert, Erika Millard as they explain how mixing personal and business finances can jeopardize your legal protection and provide tips to keep your LLC intact. #LLCStatus #BusinessFinance #LegalProtection #EntrepreneurTips #StayInformed #BusinessAdvice #FinancialEducation #SmallBusiness #LLCTips #ProtectYourBusiness
https://wn.com/Why_Mixing_Finances_Can_Ruin_Your_Llc_Status
In this insightful video, discover the crucial reasons why maintaining your LLC status is vital. Join our expert, Erika Millard as they explain how mixing personal and business finances can jeopardize your legal protection and provide tips to keep your LLC intact. #LLCStatus #BusinessFinance #LegalProtection #EntrepreneurTips #StayInformed #BusinessAdvice #FinancialEducation #SmallBusiness #LLCTips #ProtectYourBusiness
- published: 02 Nov 2024
- views: 461
3:58
What is an LLC and how are they used? What does LLC stand for? | LLC University®
What is an LLC and how does it work? Learn about the meaning of LLCs.
LLC stands for Limited Liability Company.
A Limited Liability Company, most commonly cal...
What is an LLC and how does it work? Learn about the meaning of LLCs.
LLC stands for Limited Liability Company.
A Limited Liability Company, most commonly called an LLC, is a legal business structure that protects your personal assets (your home, car, and personal bank accounts) in the event your company is sued.
0:07 – What is an LLC used for?
0:15 – What are LLC owners called?
0:18 – How many people can own an LLC?
0:27 – How is an LLC created?
0:36 – What is the main reason people form an LLC?
1:19 – Common mistakes people make when talking about LLCs
1:59 – What's the difference between LLC vs Corporation?
2:40 – LLCs are affordable to set up
3:05 – An LLC has low maintenance requirements
3:33 – What are the steps to forming an LLC?
WHAT IS AN LLC?
LLC stands for Limited Liability Company. An LLC is a legal entity that protects your personal assets if your business is sued.
An LLC is a Limited Liability Company. It is a legal entity (business structure) that is created by state law.
An LLC can be used to run a business, or it can be used to hold assets (such as real estate, vehicles, boats, or aircraft).
LLC Owners Are Called "Members"
The owners of an LLC are called "members".
An LLC can be owned by one person (called a Single-Member LLC).
Or an LLC can be owned by two or more people (called a Multi-Member LLC).
The LLC is created by filing LLC Formation Documents with your State and paying the filing fee.
WHY FORM AN LLC?
The #1 reason to form an LLC is for personal asset protection.
By forming an LLC you create a “protective wall” between your business and your personal assets.
Your personal assets include everything that you own: your home, cars, trucks, bank accounts, investment properties, boats, jewelry, etc.
AN ATTACK ON YOUR ASSETS
If your LLC is sued, creditors can only attack the assets of your LLC to settle those business debts and liabilities.
Your personal assets are safe and secure.
They are not considered a part of the business.
Again, without forming an LLC, your personal assets are at risk if your business is sued.
SPEAKING THE LLC LANGUAGE
There are two common mistakes people make when talking about LLCs.
"I want to form a Limited Liability Corporation."
You cannot form a Limited Liability Corporation. There is no such thing. An LLC is a Limited Liability Company.
Or “I’m going to LLC myself.”
Again, this is incorrect. You cannot do that. You can't "LLC yourself".
But, you can form an LLC for your business. An LLC is "separate and apart" from you. It is not you.
You form the LLC. Then you own and manage that LLC.
It's important that you understand the difference in these terms so you don't sound like an idiot and can speak intelligently about your business.
LLC vs CORPORATION
A lot of people ask us if they should form an LLC or form a Corporation.
Let's discuss the major differences.
LLCs don't have to elect a board of directors; Corporations do.
LLCs don't need to hold board meetings; Corporations do.
LLCs don't have to keep records of all their meetings; Corporations do.
LLCs are not subject to double taxation; Corporations are.
LLCs can distribute profits however they want; Corporations can't.
In short, LLCs are the most popular and the most flexible business structure for business owners, entrepreneurs and real estate investors.
LLCs are also inexpensive to setup. You'll pay a one-time filing fee with the state to create your LLC.
____________________________________________________________________________
To learn more about LLCs, visit LLC University®: https://www.llcuniversity.com
____________________________________________________________________________
DISCLAIMER
This information is provided for educational purposes only and in no way constitutes legal, tax, or financial advice. For legal, tax, or financial advice specific to your business needs, we encourage you to consult with a licensed attorney and/or CPA in your state.
LLC University® is a registered trademark of LLCU Media Group, LLC.
© Copyright LLCU Media Group, LLC. All rights reserved.
____________________________________________________________________________
https://wn.com/What_Is_An_Llc_And_How_Are_They_Used_What_Does_Llc_Stand_For_|_Llc_University®
What is an LLC and how does it work? Learn about the meaning of LLCs.
LLC stands for Limited Liability Company.
A Limited Liability Company, most commonly called an LLC, is a legal business structure that protects your personal assets (your home, car, and personal bank accounts) in the event your company is sued.
0:07 – What is an LLC used for?
0:15 – What are LLC owners called?
0:18 – How many people can own an LLC?
0:27 – How is an LLC created?
0:36 – What is the main reason people form an LLC?
1:19 – Common mistakes people make when talking about LLCs
1:59 – What's the difference between LLC vs Corporation?
2:40 – LLCs are affordable to set up
3:05 – An LLC has low maintenance requirements
3:33 – What are the steps to forming an LLC?
WHAT IS AN LLC?
LLC stands for Limited Liability Company. An LLC is a legal entity that protects your personal assets if your business is sued.
An LLC is a Limited Liability Company. It is a legal entity (business structure) that is created by state law.
An LLC can be used to run a business, or it can be used to hold assets (such as real estate, vehicles, boats, or aircraft).
LLC Owners Are Called "Members"
The owners of an LLC are called "members".
An LLC can be owned by one person (called a Single-Member LLC).
Or an LLC can be owned by two or more people (called a Multi-Member LLC).
The LLC is created by filing LLC Formation Documents with your State and paying the filing fee.
WHY FORM AN LLC?
The #1 reason to form an LLC is for personal asset protection.
By forming an LLC you create a “protective wall” between your business and your personal assets.
Your personal assets include everything that you own: your home, cars, trucks, bank accounts, investment properties, boats, jewelry, etc.
AN ATTACK ON YOUR ASSETS
If your LLC is sued, creditors can only attack the assets of your LLC to settle those business debts and liabilities.
Your personal assets are safe and secure.
They are not considered a part of the business.
Again, without forming an LLC, your personal assets are at risk if your business is sued.
SPEAKING THE LLC LANGUAGE
There are two common mistakes people make when talking about LLCs.
"I want to form a Limited Liability Corporation."
You cannot form a Limited Liability Corporation. There is no such thing. An LLC is a Limited Liability Company.
Or “I’m going to LLC myself.”
Again, this is incorrect. You cannot do that. You can't "LLC yourself".
But, you can form an LLC for your business. An LLC is "separate and apart" from you. It is not you.
You form the LLC. Then you own and manage that LLC.
It's important that you understand the difference in these terms so you don't sound like an idiot and can speak intelligently about your business.
LLC vs CORPORATION
A lot of people ask us if they should form an LLC or form a Corporation.
Let's discuss the major differences.
LLCs don't have to elect a board of directors; Corporations do.
LLCs don't need to hold board meetings; Corporations do.
LLCs don't have to keep records of all their meetings; Corporations do.
LLCs are not subject to double taxation; Corporations are.
LLCs can distribute profits however they want; Corporations can't.
In short, LLCs are the most popular and the most flexible business structure for business owners, entrepreneurs and real estate investors.
LLCs are also inexpensive to setup. You'll pay a one-time filing fee with the state to create your LLC.
____________________________________________________________________________
To learn more about LLCs, visit LLC University®: https://www.llcuniversity.com
____________________________________________________________________________
DISCLAIMER
This information is provided for educational purposes only and in no way constitutes legal, tax, or financial advice. For legal, tax, or financial advice specific to your business needs, we encourage you to consult with a licensed attorney and/or CPA in your state.
LLC University® is a registered trademark of LLCU Media Group, LLC.
© Copyright LLCU Media Group, LLC. All rights reserved.
____________________________________________________________________________
- published: 06 Nov 2015
- views: 222829