LLC Company Definition?

Answer A limited liability company is a newer type of business entity that gained popularity during the 1990s. An LLC company combines the characteristics of a partnership with the characteristics of a co... Read More »

Top Q&A For: LLC Company Definition

The Definition of an Offshore Company?

An offshore company, also known as an international business company (IBC) or non-resident company, is a company which runs its business in a country where the taxes are lower and the government re... Read More »

Definition of a Franchise Company?

Franchises are relationships between an entrepreneuer who wants to use an existing intellectual property or identification, and the owner of that intellectual property. The franchise agreement is t... Read More »

Definition of a Corporation and a Company?

A company is a business owned by one or more people and established for the purpose of conducting commercial or industrial enterprise. Proprietorships, partnerships and corporations are three types... Read More »

What is the definition of a Fortune 500 company?

"Fortune Magazine," owned by TimeWarner, provides an annual ranking of the 500 largest U.S. corporations. For several years Exxon Mobil and Wal-Mart have jockeyed between the No. 1 and No. 2 spots ... Read More »