When you are starting a new business, you have a lot of alternatives. You can follow the lead of numerous large successful companies and form a corporation. But you may also have heard that limited liability company formation is good for smaller businesses. For those judging of preliminary an LLC, here are six of the main LLC benefits. 1. Limited Personal Liability- if your business is sole proprietorship or else a partnership, you and your business are legally the same person, your business debts are also your personal debts. And if your business partner or else employees are accused of negligence, your personal assets might be at risk. Limited liability company incorporation limits this person liability because an LLC is legally separate from its owners. Limited Liability Company Incorporation 2. Less Paperwork- corporations also offer limited liability, but they have to observe certain requiremen...