A limited liability company (LLC) limits the potential for its members to be personally liable for the LLC's business debts. It features pass-through taxation.

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Determining what business structure is right for you is the most crucial step before starting a business. If you’re a first-time or seasoned business owner ready to start a new venture, weighing your ...

Before a small business opens its doors, many business owners face an important decision: Will they structure their business as a limited liability corporation (LLC) or a limited liability partnership ...

Starting a business is thrilling, but one critical decision often causes entrepreneurs to scratch their heads: choosing the right business structure. Should you go with the simplicity of a DBA vs LLC ...

What Is an LLC? LLCs, or limited liability companies, are business entities available in the United States that incorporate some of the best features of corporations and partnerships. Its legal ...

The limited liability company was first offered as an option for structuring businesses 40 years ago in Wyoming. By the late 1990s, all states had laws authorizing the organizing of businesses under ...

The type of business entity you choose impacts key areas of your operations. Choosing an appropriate structure is critical for several reasons: Tax Implications: Some businesses experience ...

Changing the legal structure of a business is a pivotal moment in an entrepreneur’s journey, requiring both careful planning and a deep understanding of the potential legal, financial and operational ...

Natalie Cusson is a small business owner with over 15 years experience in the creative arts. She's worked on ad campaigns for many trusted brands such as Nike, Subaru, Polaris, Red Bull and ...

Join the 250,000 entrepreneurs who have started their business in the US using free guides and AI-Powered tools for their small business journey. When starting a business in California, one of the ...