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Limited Liability Company (LLC)
By: Brianna Sanchez Montes De Oca Madeline Martinez
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What is LLC? LLC stands for Limited Liability Company
Limited Liability Company is a limited private company specifically in the United States. Least complex business structure
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How does it work? It separates the owner from the business’s debt and liability. Only business assets are risks.
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Businesses that are LLC:
USPS Chrysler Health Service
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Pros: Legal Protection No residency requirement Pass-through taxes
Enhanced Credibility Flexible
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Cons: Limited Growth Potential Self-employment tax Lack of uniformity
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Resources: IT, S. (2018). What is an LLC? Form a Limited Liability Company | incorporate.com. [online] Incorporate.com. Available at: [Accessed 6 Feb. 2018].
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Thank You! Any questions? :)
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