Advantages & Disadvantages of a Limited Liability Corporation?

Answer A limited liability company combines elements of a corporation such as limited liability protection with the informal operating structure of a partnership. LLCs have a separate existence from the m... Read More »

Top Q&A For: Advantages & Disadvantages of a Limited Liabili...

What is the difference between a limited liability corporation&a limited liability partnership?

A limited liability partnership (LLP) and a limited liability company (LLC) contain elements of a general partnership combined with liability protection for the business owners. In states like Cali... Read More »

Can a Limited Liability Corporation function without insurance and have some sort of contract signed by its client in its place to protect the Corporation?

Yes you should be. Not all general liability forms automatically add additional insureds so you need to check with your subcontractors policy. There is a web site that I have found where artisan co... Read More »

Why Choose a Limited Liability Corporation?

Choosing a business structure is one of the most significant decisions confronting new business owners. Depending on the type and size of the business, there are managerial, tax and competitive adv... Read More »

Limited Liability Corporation Agreements?

A limited liability company agreement (sometimes mistakenly called a "limited liability corporation agreement) is the managing document that outlines how an LLC is to be run by the managing members... Read More »