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#1
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LLC, Limited Liability Company
Hi All
Anyone out there have any personal experience about LLC? What are the advantages? Looking for info from people that have created there own LLC. Thanks. Happy driving.
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joe moon/95Benzman |
#2
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I was talking to this guy. He says his second major source of income is creating partnerships. His no. 1 source of income is breaking up partnerships. Is there some kind of truth to that?
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You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman |
#3
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It depends what kind of business, how many people, and what long term goals, etc.
But usually corporations and LLC's are favored. Partnerships have unlimited liability and when a partner makes a descision, you MIGHT be held liable. My business is a corporation (S type). |
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