One of the best ways to protect yourself from costly litigation and hefty taxes is by setting up your business as a limited liability company, or LLC. Forming an LLC also allows you to share profits between owners in an intuitive manner without investing an immense amount of time into paperwork and other administrative duties. You must go through the process of creating an LLC by following the correct steps in the proper order. Here are the five main steps you will need to complete to create a LLC from scratch. Create an Ideal Business Name You cannot even start to set up your company until you create an ideal business name. Since you cannot change the name in the future without essentially
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