Nolo's Quick LLC: All You Need to Know About Limited Liability Companies

Get LLC answers and learn the basics of limited liability companiesIf you run your own business, you’ve probably heard about limited liability companies. Business owners who operate LLCs aren’t personally liable for business debts, so their personal assets are never at risk. But is forming an LLC right for you?Nolo's Quick LLC provides essential information for business owners in every state. In plain English, it explains the advantages and drawbacks of forming an LLC – including limiting your personal liability. Find out about: . who should – and shouldn’t – form an LLC. how to operate an LLC without hassle. choosing between a member-run or a manager-run LLC. LLCs compared to corporations, partnerships and sole proprietorships.