Butler Law

Why should you form an LLC for your business?

Many people in the Myrtle Beach area have their own business. Small businesses are the backbone of our economy and offer business owners the ability to grow their own business and operate their business in their own way. When a person forms a business, they may want to form an LLC as well.

Many small business owners understand the advantages of forming an LLC. An LLC is a limited liability company. This means that it forms a structure for the business that is similar to a corporation in terms of limited liability. It is a simpler set up that is easier to establish and maintain. The liability portion allows the business owner to limit their liability in terms of business debts and lawsuits that the business may face. The holdings on the business would not affect a business owner's personal assets. The other advantage of establishing an LLC is the pass through of taxes. An LLC does not require its own tax return. Business owners report their profit and loss on their own personal taxes.

A legal professional who specializes in business formation can help their client set up their business for success. They can advise their client on legal strategies that can help their business. They understand how to create an LLC to limit a person's liability, along with other business strategies, including a business succession strategy to keep the business in the family for generations to come.

A small business is important not only for its owner, but also for the residents of Myrtle Beach and North Carolina. These businesses meet the needs of our community and hire the majority of our workers. It is important that small business owners protect these businesses and are given every opportunity to grow.

No Comments

Leave a comment
Comment Information

Schedule A Free Consultation

When your business or your legacy is at stake, our choice of a law firm to represent you is an important decision. We offer a free initial consultation so that you have an opportunity to meet us and discuss your legal needs.

To schedule a free initial consultation with attorney Dan Butler, call 843-213-6343, or complete our simple contact form.

Email Us For A Response

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Butler Law
Butler Law Location

Butler Law
4420 Oleander Drive, Suite 202
Myrtle Beach, SC 29577

Phone: 843-213-6343
Fax: 843-781-6870
Myrtle Beach Law Office Map