
LLC Advantages and Disadvantages for Small Business Owners
An LLC gives liability protection and tax flexibility, but state fees, self-employment taxes, and poor investor access can outweigh benefits.

An LLC gives liability protection and tax flexibility, but state fees, self-employment taxes, and poor investor access can outweigh benefits.

Explains differences between DBA, trade name, and fictitious name, state filing rules, costs, and when to consider trademarks.

Compare member-managed vs manager-managed LLCs: who signs contracts, who makes decisions, and how structure affects liability and compliance.
Guide to convert a sole proprietorship to an LLC: name check, file Articles, get an EIN, update licenses and bank accounts.

Breakdown of single-member, multi-member, series, and professional LLCs, plus tax options and state rules.
Form an LLC yourself or use online services for simple businesses; hire a lawyer for multi-member, regulated, or investor-backed cases.