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Limited Liability Company Organized under the Laws of the State of , Hereinafter  Form

Limited Liability Company Organized under the Laws of the State of , Hereinafter Form

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Instructions and help about Limited Liability Company Organized Under The Laws Of The State Of , Hereinafter

hi my name is Keith Hall I'm a CPA and I work exclusively with small businesses just like you uh one of the questions you're going to have to answer is what form of organization are you going to operate your new business you're going to be a corporation an LLC partnership so proprietor lots of choices out there pros and cons for all of those so let's talk about the LLC limited liability company now this is a relatively new form of organization very popular these days uh we talked in other videos about being a sole proprietorship talked about being a partnership uh this is kind of a hybrid between those two and the corporation that we also talk about in another video uh this is kind of in the middle ground we talked about the detriment of sole proprietorships and Partnerships being that the liabilities of the company are also the responsibility of the owners the LLC helps with that uh so one of the main benefits of a limited liability company as you would

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