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Limited Liability Company Business Articles | August 26, 2007
A limited liability is also called as LCC (or L.C.C) and is indeed a unique form of business organization which offers the owner the provision of limited liability.


If you are looking to open a business then it?s important that you understand your options. You can begin a partnership, C corporation Cheap Nike Vapormax , or an S corporation, but these are not your only choices. Let?s take a look at a limited liability company or LLC. I am sure you have heard of a corporation, but limited liability is much less familiar to many people. A limited liability is almost exactly like a corporation, but it offers you a much more flexible form of ownership. This type of ownership is going to be member managed or manager managed. I don?t expect you to know what either of those means exactly so don?t worry.


There are many advantages and disadvantages to creating a limited liability company. First lets? discuss the disadvantages. It?s much harder to raise capital for a limited liability company. Investors simply are not comfortable investing their money into your limited liability company. Another disadvantage is that many states do not see a limited liability company as a form of a corporation and view them as if they are a sole proprietorship Cheap Vapormax , and this is far from what an LLC is.


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Promotional Socks ? Enhance Your Event with Promotional Socks Business Articles | May 10, 2012
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