For many small business owners, the choice will be between a sole proprietorship and a limited liability company (LLC). Here is what you need to know about each one to decide which might be right ...
There isn’t a simple guide to follow because an LLC can take many different forms. Luckily, there are some aspects that every ...
Is an LLC Right for You? LLCs are more complicated to start up and maintain than sole proprietorships, but they offer greater protection for the owner’s personal wealth in case legal issues arise.
Alphabet, the parent company of Google, is an LLC, as are PepsiCo Inc., Exxon Mobil Corp., and Johnson & Johnson. LLCs can include sole proprietorship LLCs, family LLCs, and member-managed LLCs.