A limited liability company (LLC) protects your personal assets from business liabilities. If someone sues your company or claims the company owes money, your personal assets are protected. In ...

Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...

A Limited Liability Company is the best of both worlds for many small and home-based business owners. Because it is considered its own entity, much of the personal risk of being a sole-proprietorship ...

You’re starting a new business. Your friend told you to set up a limited liability company (LLC). So you set one up and opened up a bank account. You’re ready to dive in. But you forgot one thing–how ...

Opinions expressed by Entrepreneur contributors are their own. A corporation isn’t required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the ...

Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...

When starting a new business in Kansas, a popular business structure is a limited liability company or LLC. This structure reduces members’ personal liability around their assets in the event the LLC ...