Business Entities

Is an LLC private or public? A limited liability company (LLC) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. Read more on en.wikipedia.org Due to its capacity to provide a … Read more

Do freelance graphic designers need an LLC? Yes. An LLC will give you personal liability protection against potential business risks as well as give your graphic design studio more tax options and credibility. It is relatively inexpensive and simple to form and maintain an LLC. Learn more about graphic design LLC benefits. Read more on … Read more

What is the difference between a nonprofit and an LLC? An LLC is a for-profit business venture, and a nonprofit is an organization created for a charitable cause. When deciding what kind of business or organization you’d like to run, it’s important to consider what the goals of your company are and how best you … Read more

What is a PC in Colorado? A1. A professional service company is an entity organized for the sole purpose of providing specific professional services to the public. Title 12 of the Colorado Revised Statutes specify which professionals may form a practice as a professional service company. Q2. Read more on www.sos.state.co.us Entrepreneurs, professionals, and small … Read more

Does Inc mean C Corp? A C corporation (Inc.) is a standard corporation and the default business type when you incorporate. In the United States, C corporations are the most common types of corporation. Owners are called shareholders, and they elect directors to handle day-to-day business operations. Read more on www.upcounsel.com What kind of corporate … Read more

What is an LLC and do I need one? An LLC, or limited liability company, is a U.S. business structure that combines the simplicity, flexibility, and tax advantages of a partnership with the personal liability protection of a corporation. The owners of LLCs are called members. An LLC can have one or many members. Read … Read more

What is the difference between limited liability company and professional limited liability company? A PLLC is a kind of LLC specifically for licensed professionals. The difference between an LLC and a PLLC is mainly that only licensed professionals such as architects, doctors, lawyers and accountants can form PLLCs. Check with your state to determine if … Read more

What type of entity is a clothing brand? 2. Choose a Business Structure. Two common entities for a clothing company are single-owner sole proprietorship (“”sole prop”” for short) and starting an LLC (limited liability company) with an operating agreement. Read more on www.zenbusiness.com A company that focuses on the creation, manufacturing, and marketing of garments … Read more

Yes, it is perfectly acceptable for someone to register an entity (be it an LLC, LLP, or corporation) with the same name as your DBA. Actually, it’s probably not the same name as your DBA, even though you contend that it is. Read more on www.quora.com One of the most crucial choices you will make … Read more

Do photographers need a LLC? The truth is that most photographers don’t need to go through the work of creating an LLC. An LLC is the most popular form of separate entity that separates personal and business responsibilities and assets. A sole proprietorship simply means a person who does business. Read more on improvephotography.com You … Read more