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Having an LLC is actually great when starting out in business. However, setting it up correctly, managing it correctly, and knowing your requirements as the owner is important. Hope this video helps, please comment any questions you have below. Please be sure to Subscribe & hit the notification button for more free videos on how to make more money and save tax dollars. Ready to save big on taxes? Join our 5-Day Tax Makeover Summit, happening July 28th - August 1st! Grab tickets here: https://taxmakeoversummit.com/kdastep... Book Your Free Tax Consultation Today: https://kda.taxreductioncompany.com/y... Follow me on social media and stay up to date for when we release more videos! Instagram: https://@Karlakdennis Tik-Tok: https://@Karladennisinc Twitter: https://@kdassociates LinkedIn: https://@KarlaDennis My Website: https://www.karladennis.com Key Times In This Video: 00:00 - Intro 00:38 - Tax Complexity 01:28 - Cost And Fees 02:31 - Limited Growth Potential 03:24 - Administrative Burden 04:13 - Limited Protection 06:13 - Operating Agreement 06:18 - State Rules 07:19 - Summary/Outro *Disclaimer: This information or service is for informational purposes only and is not intended to be personal financial advice