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Arguably one of the most popular forms of business entities in the U.S., an LLC is a hybrid type that brings together the best features of corporations, partnerships, and sole proprietorships. LLCs offer the liability protection of a corporation (hence the 'limited liability') without the regulations that usually come with corporations.

Hello there, future tycoons! Starting a business is like setting out to climb a mountain. It's daunting, it's exhausting, but once you reach the summit, it's an incredible view. Today, we'll focus on the crucial first five steps to setting up your business.