Fact checked by Vikki Velasquez Reviewed by David Kindness A limited liability company (LLC) is a business structure that ...

This can create numerous unintended consequences ... Sign up Example. A dentist files an LLC to set up a new office for their expanding dental practice. The dentist is inspired to name the ...

The added credibility of an LLC can serve as a competitive advantage and create a "corporate shield" between personal and business finances. An LLC also offers flexibility in management and taxation, ...