Looking to protect your assets and simplify the process of starting a business? Look no further than the Limited Liability Company (L.L.C.). This versatile business structure offers limited liability ...

A corporation isn't required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the sole shareholder, director and officer for your corporation.

Consider the following hypothetical: The operating agreement of an LLC vests management authority in its two members. In practice, and by informal mutual consent, only one of the members actively ...

Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...

The use of the limited liability company (LLC) has mushroomed in popularity over the past two decades. IRS statistics show a 66% increase in domestic LLCs between 2005 and 2014, and in 2004 LLCs were ...

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 ...

Members of limited liability companies (LLCs) are divided into managing members who actively participate in the day-to-day running of the business, and inactive members whose involvement with the LLC ...

Opinions expressed by Entrepreneur contributors are their own. A corporation isn’t required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the ...