To LLC or not to LLC?

[Dana Bull]

Hello,

I am looking for opinions and use cases for establishing an LLC or multiple LLCs. When did you create your first LLC and what was the rational behind it? What are the pros and cons?

If you have multiple, at what point did you decide to establish numerous companies? From an administrative standpoint, do you have separate bank accounts for each LLC? Do you have separate credit cards? What is your process for tracking and keeping everything organized.