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What is an LLC? - (Limited Liability Company Information)

Understanding what an LLC is https://www.incfile.com/limited-liabi..., 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-hap.... 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-reso... 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:    • How to Start an LLC for Free      • How to Start an LLC - In a few EASY s...      • What is an LLC Operating Agreement? -...      • What's Better? LLC vs C Corp