A Limited Liability Company is the best way to protect yourself against nasty surprises that wind up leaving you in a pile of debt. With a limited Liability Company, you're able to restrict your liability when it comes to certain debts. I'll explain some specific points relevant to people looking to start a business in New Zealand (NZ) that will help you decide whether or not an LLC is right for you. Links for reference: http://www.southpactrust.com/southpac-publications/articles/consider-new-zealand-limited-liability-company/ https://www.newzealandnow.govt.nz/investing-in-nz/investment-options/starting-a-business NZ Companies act 1993 http://legislation.govt.nz/act/public/1993/0105/188.0/DLM319570.html#DLM320463 https://empoweryourbusiness.co.nz/2014/03/25/7-reasons-to-trade-as-a-limited-company/ 🔔🔔ABOUT ME🔔🔔 Follow my journey as I stumble my way through learning to run a business, create social content and starting out on YouTube. No doubt there will be ups and downs along the way… Just know that I’m COMMITTED to making this work! 📽️📽️YOUTUBE:📽️📽️ ****❤️ SUBSCRIBE❤️ **** 👍 https://goo.gl/vXebKa 👍 ****❤️ SUBSCRIBE ❤️**** BUSINESS UPDATES Playlist: https://goo.gl/xfaECG YOUTUBE GROWTH Playlist: https://goo.gl/9jNPDt 🌐🌐WEBSITE🌐🌐 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 🔥🔥GETBIZZY.CO.NZ🔥🔥 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 ✅Live in NEW ZEALAND and OWN a BUSINESS❓ ✅Check out our FREE online networking platform. ✅GET BIZZY - https://getbizzy.co.nz 📖Check out the blog https://www.getbizzy.co.nz/blog/ 🤝Want Business coaching and advise❓ 🤝I’ll be offering FREE consulting for the first 5 people to make contact. 🤝drew.m@getbizzy.co.nz or contact me on social! T&C apply. 😎😎SOCIAL😎😎 💙💙💙💙💙💙💙💙💙💙💙 💙💙CONNECT ON SOCIAL💙💙 💙💙💙💙💙💙💙💙💙💙💙 📔Facebook @WeGetBizzy - https://goo.gl/1E8qgV 📸Instagram @WeGetBizzy - https://goo.gl/Lsb1Ns 🐤Twitter: @WeGetBizzy - https://goo.gl/DAFRE2 I’d love to hear from you, and am genuinely interested in getting to know my viewers. Don’t be afraid to reach out! 📢💭✌️ ➖➖➖➖➖➖➖➖➖➖➖➖ Don’t settle for a 9-5 you hate! Work your ass off at your passion and make a comfortable humble living in the process. kill the hustle, use your head muscle and GET BIZZY 🔥🔥 #WeGetBizzy