What is the difference between LLC and Enterprise?

Answer 1

An LLC is a legal form of a company that blends elements of partnership and corporate structures. An enterprise is one company or business. Start-up companies are usually referred to as an enterprise.

Answer 2

A partnership is formed when two or more people engage in business with an agreement to share profits and losses. It may or may not involve a written agreement. If they do not, it is called a partnership at will. A limited liability company is a company formed by filing appropriate documentation with the secretary of state. It cannot be created with the affirmative action of filing with the secretary of state. They are taxed similarly.

Answer 3

In a limited partnership, there is at least one general partner whose liability is not limited, and one or more limited partner(s). The limited partners can have both their involvement in the partnership and their liability to the partnership, and externally, limited.

In a limited liability partnership, the liability of the partnership itself is limited, while preserving the partnership entity structure.

There is also a limited liability limited partnershipstructure, which combines elements of both.

Answer 4

enterprise mens a company leed by one person and company lead by two are mor persons lead is a limited

Answer 5

The personal assets of the members of an LLC are protected in case there is a lawsuit against the company.