THE LIMITED LIABILITY COMPANY ("LLC") has become a popular choice for small businesses because LLCs combine key features of both partnerships and corporations. All states have enacted LLC statutes (i.e., laws). In absence of an agreement among the owners...
PURCHASING AN ON-GOING BUSINESS is an excellent opportunity for an entrepreneur seeking the financial and personal rewards of owning and operating a business. Buying vs. Starting a Business A chief advantage of purchasing a business (as opposed to starting one...
A LIMITED LIABILITY COMPANY (“LLC”) is not a “limited liability corporation.” They are two separate, legal structures that may be utilized to engage in a variety of business ventures and enterprises. A business corporation (“corporation”) is a business entity...
 
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