LLC Formation

Forming an LLC (Limited Liability Company) is a process that creates a legal business entity separating personal and business liabilities. It involves choosing a unique business name, filing necessary paperwork (like Articles of Organization) with your state, and paying associated fees. An LLC provides owners (called members) with protection from personal liability for business debts and obligations, while allowing flexible management and pass-through taxation, meaning profits are reported on personal tax returns. Overall, forming an LLC is a practical way to start a business with liability protection and operational flexibility.