Incorporation offers limited liability protection, which means shareholders’ personal assets are protected if the company incurs debt or is sued. This type of business can be more complex and costly to establis
is a business that has been registered as a separate legal entity from its owners, who are often called shareholders. Incorporation offers limited liability protection, which means shareholders’ personal assets are protected if the company incurs debt or is sued. This type of business can be more...
is a business that has been registered as a separate legal entity from its owners, who are often called shareholders. Incorporation offers limited liability protection, which means shareholders’ personal assets are protected if the company incurs debt or is sued. This type of business can be more...
is a business that has been registered as a separate legal entity from its owners, who are often called shareholders. Incorporation offers limited liability protection, which means shareholders’ personal assets are protected if the company incurs debt or is sued. This type of business can be more...
Limited liability company (LLC):As the name suggests, LLCs come with limited liability. Owners (called members) are not personally liable for the business’s debts and obligations, and their personal assets are generally protected. LLCs offer stronger risk management options than unincorporated struc...