Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 08-23-2004, 02:21 PM
Registered User
 
Join Date: Mar 2004
Location: South Jersey/Phila
Posts: 276
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.

__________________
joe moon/95Benzman
Reply With Quote
  #2  
Old 08-23-2004, 07:50 PM
Kuan's Avatar
unband
 
Join Date: Jan 2001
Location: At the Birkebeiner
Posts: 3,841
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?
__________________
You don't need a weatherman to know which way the wind blows - Robert A. Zimmerman
Reply With Quote
  #3  
Old 08-29-2004, 06:30 AM
Johnson Chan's Avatar
Registered User
 
Join Date: Aug 2003
Posts: 229
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).

Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 05:47 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2024 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page