If your company is incurring potential liabilities, by releasing a product, hiring employees, or signing contracts, then you should create a limited liability business. The two common choices are ...
Although both structures offer liability protections, LLCs are best for tax flexibility and corporations are ideal for raising capital. Many, or all, of the products featured on this page are from ...
An LLC operating agreement puts in place the person or persons who are responsible for the daily operation of the business or collection of rents, payment of expenses and division of revenue.
The LLC arose from business owners' desire to adopt a business structure permitting them to operate like a traditional partnership. Their goal was to distribute income to the partners (who ...
Also, if you own your home or property in a limited liability company (LLC), partnership or corporation, then the company or corporate officers and owners are disclosed in the state records.