“If your salary is your only source of income, you are one step away from poverty"-Warren Buffett

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    What is an LLC?

    An LLC, or Limited Liability Company, is a flexible and valuable business structure. It offers tax benefits like a partnership or sole proprietorship while protecting personal assets from business debts, similar to a corporation.

    3 Best Practices

    1. Separate Finances: Don't mix personal and business funds. Separate bank accounts
    2. Compliance: Maintain proper records
    3. Insurance: Obtain appropriate insurance policies, such as liability, property, and professional insurance, to cover potential gaps in protection.

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    About The Author

    After years of building businesses, I’ve learned to simplify concepts and make them accessible to everyone. By turning complex ideas into relatable conversations will help make business ownership less intimidating and more empowering. My mission is to remove the fear from entrepreneurship and inspire confidence in those ready to take the leap. Best, T.J Griffin

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