Do I need an LLC for my consulting work?

Shaunwilliam10 May, 2021Business

As an independent consultant, you?re now running your own business. You?re contracting with companies, and while you can do that as an individual, if something were to go wrong, you would personally be liable. If you form an LLC and use that LLC to contract with the company, when set-up correctly, the LLC protects you personally. After all, the United States is the most litigious country in the world, so it?s to your benefit to keep your personal assets separate from your business assets. An LLC will protect your personal assets, limiting creditors or anyone filling a lawsuit, in most cases, to only collect from your business assets.