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Business Owners & Managers

The Business Minute Ep 1: An Overview Of LLCs

By Brad Behr from Copper Creek Cuts

In this new series, I wanted to give you short, practical tips for your business. I call this “The Business Minute”, and, as such, I’ll try and keep the videos short and sweet!

This week, an overview of LLCs, or limited liability companies.

Some takeaways:

  • They offer you more protection than a sole proprietorship

  • They can be fairly inexpensive to set up and maintain (depending where you are in the country), though still more expensive than sole proprietorship

  • You and the business is a separate entity, meaning the business would get sued if that ever happened, as opposed to you personally

  • It can make tax filing a bit easy, too

I hope this video helps, guys, and let me know if you’re thinking of switching to an LLC if you’re currently a sole proprietor.

Brad Behr
Copper Creek Cuts
UAG Council Member 2019
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Are you considering becoming an LLC? What other questions do you have about the process? Join our forum to share your tips or ask other pros for advice.