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  2. Pros and cons of LLC loans - AOL

    www.aol.com/finance/pros-cons-llc-loans...

    Cons. Personal liability. Can be expensive. Limited disclosure requirements. Pros of LLC loans. LLC businesses are a popular funding solution for small business owners — and for good reasons.

  3. The pros and cons of being a small business owner - AOL

    www.aol.com/finance/pros-cons-being-small...

    A business owner might start a business because they have a business idea and may have observed a gap in the market. They may also want to go into business for themselves because they have ...

  4. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    Each state has different standards and rules defining what "transacting business" means, and as a consequence, navigating what is required can be quite confusing for small business owners. Simply forming an LLC in any state may not be enough to meet legal requirements, and specifically, if an LLC is formed in one state, but the owner (or owners ...

  5. Incorporation (business) - Wikipedia

    en.wikipedia.org/wiki/Incorporation_(business)

    There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal

  6. How to get a business loan with an LLC - AOL

    www.aol.com/finance/llc-loan-152358370.html

    A limited liability company (LLC) is a popular business structure chosen by millions of small business owners. It offers tax advantages and protections that limit the legal liability of the LLC ...

  7. Sole proprietorship - Wikipedia

    en.wikipedia.org/wiki/Sole_proprietorship

    A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by only one person and in which there is no legal distinction between the owner and the business entity. [1]

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