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June 20, 2012 04:55 pm GMT

LLC: Which Flavor Is Right for Your Company?




The Limited Liability Company (LLC) has become a hot business structure in the startup world. Savvy small business owners often opt for this structure over a traditional corporation, as the LLC offers personal liability protection without the red tape, paperwork and formalities that can be burdensome for a young startup, small business or solo entrepreneur.

However, many small business owners are surprised to know that there are choices for your LLC. From a single-member LLC to a multiple-member LLC, member-managed LLC to manager-managed LLC, how do you know whats right for you?

If youre considering a legal structure for your business, read on to explore the differences betw…
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More About: features, LLC, mashable, open forum, Small Business, Startups


Original Link: http://feeds.mashable.com/~r/Mashable/~3/uK01n-y9o_E/

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