LLCs and corporations both offer liability protection, but the right structure depends on your business goals, tax preferences, and plans for growth. Choose an LLC for flexibility, ease of setup, and ...

Setting up your business as a limited liability company, or LLC, does not mean giving up control of the company. LLC status has to do with legal liability for the debts of the business, not ownership.

Jane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual ...

Organizing an LLC yourself can seem daunting upon first glance, but it’s actually a series of small, simple tasks. As a general rule, if your business is small and operates in and sells products or ...

Breaking up parts of a limited liability company, or any company, into separate "divisions" or "departments" might make accounting, management or other company operations easier. One division of a ...

A Limited Liability Company (LLC) is a business structure that provides limited liability protection for its owners and shareholders. It means that the company's liabilities are separate from those of ...

Prableen Bajpai is the founder of FinFix and Analytics Private Limited. She has 10+ years of experience as a finance, cryptocurrency, and trading strategy expert. Dr. JeFreda R. Brown is a financial ...

Opinions expressed by Entrepreneur contributors are their own. When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities ...

A limited liability company (LLC) separates a company from its owners. This protects the owners’ personal assets if the business loses money or gets sued. Many, or all, of the products featured on ...