Subscribe to our channel: http://www.youtube.com/channel/UCTQrj-aOWyniurjLQWhsRYg?sub_confirmation=1 Before starting a small business, it’s very important to understand the different legal entities you can use. An LLC can be a great option for a small business especially, with a range of benefits from flexible tax options all the way to protecting you as the owner from being sued as an individual. In this video, we’ll discuss what exactly an LLC is, what it does, the benefits of an LLC, and some disadvantages. Let’s get started! 0:00 Intro 0:09 What is an LLC? 0:35 Benefits of an LLC 1:37 Disadvantages 02:34 Summary Check out more of our content on our website ww.simplifyLLC.com. SimplifyLLC is an independent publication that provides free guides for small business owners. If you’re looking for business ideas and do-it-yourself guides on forming and operating an LLC, then SimplifyLLC is your go-to resource for simple, legal jargon-free information. #whatisanllc #llcbenefits #simplifyLLC