How Smart Entrepreneurs Are Protecting Their Brand and Building Wealth — And How You Can Too
July 3, 2025
Every year, more professionals take the leap into entrepreneurship, and more often than not, they're forming LLCs to do it. According to the IRS, LLCs made up 72.7% of all partnerships in 2022, far surpassing other entity types for the last two decades.
Why? LLCs combine the liability protection of a corporation with the simplicity and flexibility of a sole proprietorship. But those aren't the only reasons they've become the go-to structure for startups, solo professionals, and even families looking to preserve generational wealth. Here's why the LLC continues to gain momentum — and what that signals for the evolving business landscape.