When starting your limited liability corporation (LLC), one of the first things you’ll have to do is decide what kind of LLC you want to build. Some are small ventures run by one person or a family.

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 ...

Limited liability companies are legal structures that shield their owners from personal and, usually, professional, liability. Any losses generally are limited to the owner's investment. LLCs also ...

LLC enabling statutes authorize two types of management structures. The default structure is member-managed in which all members participate in the management of the company’s business affairs. Member ...

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 ...

A limited liability company (LLC) is a business structure combining the tax advantages of a partnership with the liability protections of a corporation. Many, or all, of the products featured on this ...

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 ...