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Avoid personal liability for business expenses or partner negligence by separating your personal assets from your business assets and ensuring that you won’t pay for others’ mistakes.
You don’t have to listen to shareholders, or you can choose to have partners but also include specific responsibilities within your LLC operating agreement to restrict anyone's ability to overrule you.
An LLC allows you to choose single proprietorship or multi-member partnerships so that you can enjoy the benefits of both the corporation and partnership business structures.
Choose your own profit distribution structure. While some IRS rules apply, you’re basically free to divide profit however you like, without taking into consideration dividends.
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