Freelancer Legal How do I know if I need an LLC

This is a question asked a lot by people who is interested in starting a business whether big or small.


First, let us find out more information what an LLC is. LLC stands for, "Limited Liability Company" and it is a type of business entity when you decide to register your business. Check out more information here to understand how it works.


Next, depending on your business, you need to decide if you need an LLC. Nowadays, doing business online is normal -- in fact, it is the trend. There are several advantages to an LLC, most especially for smaller businesses. Some benefits include protection for personal assets, and another is getting your EIN without using your own social security number. Go here if you want to know more information.


Remember that choosing the correct business entity is really important and it will definitely help your business from starting and functioning in the long run. You can check here to read about deciding whether an LLC or a DBA is right for your business.