F.A.Q: Why are LLCs popular?

Posted on

LLCs are popular because they provide several valuable advantages: — LLCs can be governed informally. While corporation laws require management formalities (such as a BOD, meetings and quorums), LLCs are a lot more informal. — LLCs have greater flexibility in deciding how to split their financial interests. An LLC can distribute its income to¬†each member … Continue reading →

Forming an LLC for a New Business

Posted on

Congratulations on becoming a new business owner. The next step is to consider setting up your business with a limited liability company (LLC). Doing this offers legal protections similar to a corporation, but allows you to manage your company like a small business. In fact, forming an LLC is one of the most important actions … Continue reading →