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    Running your business as a limited liability business, therefore, costs about the same as other “maintenance-type” business expenses: setting up and using a bank

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    A traditional corporation usually doesn’t make sense until a small business has become, well, rather big. But a limited liability company, or LLC, often does make sense even for small businesses for at least six reasons …

    Reason 1: Easy Setup

    An LLC is easy to setup. In many states, you only have to fill out a rather simple, one- or two-page form. That’s it. Sometimes, you can even prepare and submit this form online.

    Reason 2: Low Cost

    In most states, although not all states, an LLC is quite economical. To setup an LLC, you often pay between $100 and $200. And then on an annual basis, you probably pay another $100 or so.

    Running your business as a limited liability business, therefore, costs about the same as other “maintenance-type” business expenses: setting up and using a bank a

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    e even for small businesses for at least six reasons …

    Reason 1: Easy Setup

    An LLC is easy to setup. In many states, you only have to fill out a rather simple, one- or two-page form. That’s it. Sometimes, you can even prepare and submit this form online.

    Reason 2: Low Cost

    In most states, although not all states, an LLC is quite economical. To setup an LLC, you often pay between $100 and $200. And then on an annual basis, you probably pay another $100 or so.

    Running your business as a limited liability business, therefore, costs about the same as other “maintenance-type” business expenses: setting up and using a bank

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    her simple, one- or two-page form. That’s it. Sometimes, you can even prepare and submit this form online.

    Reason 2: Low Cost

    In most states, although not all states, an LLC is quite economical. To setup an LLC, you often pay between $100 and $200. And then on an annual basis, you probably pay another $100 or so.

    Running your business as a limited liability business, therefore, costs about the same as other “maintenance-type” business expenses: setting up and using a bank

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    h not all states, an LLC is quite economical. To setup an LLC, you often pay between $100 and $200. And then on an annual basis, you probably pay another $100 or so.

    Running your business as a limited liability business, therefore, costs about the same as other “maintenance-type” business expenses: setting up and using a bank

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    Running your business as a limited liability business, therefore, costs about the same as other “maintenance-type” business expenses: setting up and using a bank account, getting letterhead and business cards, and purchasing accounting software.

    Be sure to check the setup fee and annual cost for your state, however. Some states, like California, charge way too much for the privilege of running your business as an LLC. (In California, the annual cost for even a very small business runs around $1,000.)

    Reason 3: Protection

    Typically, a big reason that any business owner or investor sets up a corporation or forms a limited liability company is asset protection. And you do get good asset protection with an LLC. Arguably, you may even get better asset protection with an LLC than you do with a regular

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