When you own an LLC, you have the option to transfer ownership to another person. This can be a great way to get out of the business, or to simply change hands. However, there are some risks associated with doing this. Here are a few things you should keep in mind before you make the…
When forming a limited liability company (LLC), there are a number of important things to keep in mind in order to ensure that your company is properly formed and protected. Unfortunately, many people make mistakes when forming their LLC, which can lead to a number of problems down the road. Here are five of the…
For starters, LLCs offer limited liability protection to their owners. This means that if the LLC is sued, the owners will not be personally liable for any damages. This is a major advantage over sole proprietorships and partnerships, which offer no such protection. Another benefit of LLCs is that they offer tax flexibility. LLCs can…
There are many factors to consider when opening a gas station. From the location to the type of products you sell, there are a lot of important details to think about. One of the most important decisions you’ll make is whether to open a full-service or self-service gas station. Each option has its own set…