One easy, efficient, and fast way to start a company is toset up a Limited Liability Company(LLC). Let’s explore what exactly an LLC is, its suitability, advantages, and disadvantages, along with other fundamental factors that can help you decide if an LLC is right for you and your bu...
LLCs give you the flexibility of a partnership with the liability protection of a corporation. Learn about the pros and cons of forming an LLC here.
Pros and cons of a C corporation S corp vs. C corp C corp vs. LLC How to convert an LLC into a C corp C corporation FAQ What is a C corporation? A C corporation is a legal business entity that is taxed separately from its owners. This structure allows for an unlimited number of ...
Alimited liability company (LLC)is a type of business structure that allows its owners to protect themselves from personal financial losses. While LLCs have many advantages, they also have certain disadvantages. This article will explore the advantages and disadvantages of LLCs, an overview of the...
The main difference between a DBA and LLC is that an LLC is a business structure that provides liability protection, whereas a DBA is just a registered alternate name of your same company. There are pros and cons to each option. Therefore, it is important that you research which type will...
Consider these pros and cons to determine whether organizing your small business as a close corporation would be the right choice for your business.
Many smaller businesses, however, choose to start off as a limited liability company (LLC) or an S corporation. There are several reasons. LLCs don't require formal meetings and generally have less paperwork involved. Both LLCs and S corporations are "pass-through" entities for the purpose ...
Pros and cons of putting a property in an LLCIlyce GlinkSamuel J Tamkin
Since we have covered all the cons of using your personal name as your business name I want to point out the few pros of using your name as your brand Easy to Use Your Own Name –Using your personal name removes all the stress of creating a new business name for your company. You kn...
The Uniform Law Commission has produced two uniform LLC statutes. The first of these was not widely adopted. As of this writing, the second, often called the Revised Uniform Limited Liability Company Act (RULLCA), has been adopted in 18 states and the District of Columbia and is being consi...