The Limited Liability Company (LLC), a hybrid of the partnership and the corporation, has become a popular legal alternative for business owners. Now available in almost all states, the LLC combines ...

A limited liability company is a type of corporation, although most people use the terms limited liability company and limited liability corporation interchangeably. Technically, the abbreviation, LLC ...

A limited liability company is a type of business entity and is often miscalled a limited liability corporation. Each business structure offers the business owners advantages and disadvantages when it ...

Legal structure choices can cost business owners in unnecessary taxes and expose personal assets to liability risks if made ...

Limited liability companies, like partnerships both general and limited, are fundamentally creatures of contract law. The members agree with each other as to the business to be conducted by the LLC, ...

Learn how guarantee companies protect members from liability and why they're essential for non-profits seeking corporate status. Discover their unique benefits.

When starting a business, people have the option of either doing so through a sole proprietorship (one person owns the business), a partnership (two or more people own the business), or through a ...

Being a sole trader means that you run your own business as an individual and are essentially self-employed. This is the most popular way of trading in the UK, with 4.4m sole proprietorships recorded ...

The biggest decision you’ll make as a new business owner is whether you want to set up as an unlimited liability company or not. How you structure your new business will have lasting implications for ...