In her free time, Sierra runs her book editing business, Editing by Sierra, LLC. She offers developmental editing, copy editing, line editing proofreading and simple formatting services to self ...

Partnerships are less complex than LLCs. 9 One type—a limited liability partnership (LLP) —does provide some liability protection to its owners, although less than an LLC in some states. 10 ...

And it starts with what kind of business you’re choosing to start: a corporation, a Limited Liability Company (LLC), a partnership or a sole proprietorship.

Notably, an LLC can opt for S-corp classification for tax purposes. Therefore, it’s essential to compare LLC vs. S-corp options when forming your business or reaching a certain profitability level.

An LLC, or limited liabilities company, is a business structure known for its legal protection and flexibility. It is a type of formation that is recognized across all 50 states in the U.S.

What is a Texas LLC? A Texas LLC is a business structure that provides limited liability protection and flexible management options, combining the advantages of both a corporation and a partnership.

Advantages Limited personal liability for business debts: An LLC shields its owners’ personal property, such as a home, car, or personal savings, in the event of a lawsuit or bankruptcy.

A multi-member LLC (MMLLC) is a limited liability company that has more than one owner or member. Learn about its pros and cons to see if it’s right for you.

Your LLC can have only one legal name at a time, but it can have an unlimited number of DBA (doing business as) names, which can be used on your website, in ads and promotions, and elsewhere.