An LLC, or Limited Liability Company, provides a key advantage to female freelancers by shielding personal assets such as a house, car, or savings. In case of business-related lawsuits or debts, creditors can only pursue the assets owned by the LLC, not the personal assets of its owner. This distinction creates a protective barrier for freelancers, ensuring their personal finances remain secure.
- Log in or register to contribute
Contribute to three or more articles across any domain to qualify for the Contributor badge. Please check back tomorrow for updates on your progress.