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"A Limited Liability Company (LLC) is a business structure allowed by state statute. LLCs are popular because, similar to a corporation, owners have limited personal liability for the debts and actions of the LLC. Other features of LLCs are more like a partnership, providing management flexibility and the benefit of pass-through taxation."

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What does unlimited liability mean to the owner of a business?

The owner has personal liability for anything that happens. That is whi it is good to have an LLC (limited liability corporation). Mine cost $60 to set up on the state's web site. If a customer is killed in my shop all I can lose is the business, not my home.


How do you start your own limited liability company?

First, check with local state laws than check with national ones. Make sure you understand all the laws assoiated. Work on a policy with an attorney and a full business plan. You may want to have a web designer design a functional website for access to more informatin for your clients.


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According to their web page MT finance was offered an award as best bridging finance company in the UK. Bridging Finance Limited and 1st Bridge are also well know names in the field. Best of course would completely depend on your personal needs.


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Related Questions

What does unlimited liability mean to the owner of a business?

The owner has personal liability for anything that happens. That is whi it is good to have an LLC (limited liability corporation). Mine cost $60 to set up on the state's web site. If a customer is killed in my shop all I can lose is the business, not my home.


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you copy and paste the web address or go to EasyBib.com and type in all the info you know about that cite (info is probably on the screen)!


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How do you file for a limited liability company?

Go to the website of the Secretary of State or State Corporation Commission or Department of Corporations for your state. Either they have forms or they have instructions. You fill out the forms, mail them in along with a check, and they send you a paper that says that you've been issued an LLC. At least one state - Colorado - lets you do everything with a web browser and a credit card as long as the LLC has a Colorado address. The fee will be anything from $100 to $900 depending on the state. There will be a renewal fee each year in most states.


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What about it? And I suggest you not share personal info on the web.


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From the social security web site.