Setting up a business as a limited liability company (LLC) can protect personal assets and shield entrepreneurs from business debts, while providing more flexibility than forming a corporation.

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...

If you're starting a small business, generally the first step is setting up the legal structure of your business. There are several options, even if you're running a solo operation, which can get ...

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An LLC operating agreement isn’t required in most states, but it’s an important legal document for a business. Many, or all, of the products featured on this page are from our advertising partners who ...

When starting a new business in Kansas, a popular business structure is a limited liability company or LLC. This structure reduces members’ personal liability around their assets in the event the LLC ...

Rachel Williams has been an editor for nearly two decades. She has spent the last five years working on small business content to help entrepreneurs start and grow their businesses. She’s well-versed ...

David Straughan is a content manager and veteran journalist who specializes in the automotive and finance industries. He combines rigorous data analysis, exhaustive research and conversations with ...