If you set up a limited liability company (LLC) or corporation for your existing business, what does the new entity own?Too often, the answer is nothing.How does that happen?Your sole …
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LLC Member Personal Liability Exposure: What You Need To Know
If you run your business properly as a limited liability company (LLC), you can shield your personal assets from most claims arising from your venture. However, there are important exceptions to this …
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LLC Operating Agreement: Why Limited Liability Company Members Should Use One
The Difference Between An LLC Operating Agreement and Corporate Bylaws One of the essential business contracts for a limited liability company, an LLC operating agreement (also known as an LLC …