Should Freelancers Establish Themselves as an LLC?

Are you considering forming an LLC for your side hustle or freelance business? Research from Upwork says 59 million Americans have done some freelancing this year during the pandemic.

Small Business Trends contacted Dustin Ray who leads business development and growth initiatives at Incfile. We wanted to find out why freelancers should consider forming an LLC.

Ray started with an explanation of the term and why a small business should consider incorporating:

“The abbreviation “LLC” stands for limited liability company. LLCs allow business owners to keep their personal assets separate from those of the company,” he says. “This limits

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