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An LLC (Limited Liability Corporation).

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8y ago

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Why should you make your small business a limited liability company?

The move to a limited liability company completely depends on the type of small business they own. For most small businesses, turning into a limited liability business is worthwhile.


Under this type of business structure liability is limited only to the assets of the business and does not extend to individuals?

Theres more than one but the one your looking for is called an (LLC) Limited Liability Company Corporations also have a limited liability.


Under this type of business structure liability is limited only to the assets of the business and does not extend to individuals.?

Theres more than one but the one your looking for is called an (LLC) Limited Liability Company Corporations also have a limited liability.


What type of business is koch energy services?

limited liability company


What type of business ownership provides limited liability for the owner?

patnership


What is a WLL company and what does that stand for?

A "WLL" company is a type of limited-liability corporation, where WLL stands for "With Limited Liability." The rules for a WLL vary by country. In the US, the LLC ("Limited Liability Corporation") business type is similar.


What type of business structure liability is limited only to the assets of the business and does not extend to individuals?

Corporation


What type of business has the most liability partnership sole proprietorship corporation or limited liability partnership?

The liability of various forms of business are as follows: Partnership: The liability of the partners is joint, several and unlimited. Sole proprietorship: The liability is of the proprietor is unlimited. LLP: The liability is limited by MOA and AOA.


Is a llc business insurance?

No,, LLC is a Limited Liability Company. It's a type of a incorporation.


What Type of business that is defined in part by its limited liability?

A limited liability company (LLC) is a type of business structure defined by its limited liability protection, meaning that the owners (members) are not personally responsible for the company’s debts or liabilities. This structure combines the flexibility of a partnership with the liability protection of a corporation. LLCs are popular among small business owners because they offer simplicity in management and tax benefits while safeguarding personal assets.


When a business has a limited liability and its shares are not sold on the stock exchange what type of business is it?

You are describing a privately held LLC, or LLP


Business plc's liability?

a plc has limited liability like an Ltd