YoungUpstarts
AUGUST 25, 2015
One of the first actions you will take with your startup is to organize your company a separate legal entity to protect yourself from personal liability for the company’s debts. In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”). Verdict : LLC.
YoungUpstarts
OCTOBER 10, 2014
The amount you put toward debt minimizes reinvestment in growth and earnings distributions to owners. Financial Risk Distribution. If you set up as a limited liability company, the business suffers the credit damage, but your future earnings are stifled. With equity investment, you do not have to repay the money.
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Up and Running
OCTOBER 30, 2017
Limited Liability Company (LLC). Other things you will need to do include deciding on a business name and researching availability for that name. Distribution of competitors: Are there many competitors close to you? Depending upon the business, there may be city, county, or state regulations as well.
Up and Running
JULY 29, 2014
In recent years, socially-minded entrepreneurs have begun testing a new type of business entity: the L3C, or Low Profit Limited Liability Corporation. A low-profit limited liability company, or an L3C, is a legal structure (a variation on a limited liability company or LLC) that is relatively new to the United States.
Transformify
MARCH 24, 2020
On the other hand, as the name implies, online jobs are fully online, and employees are not required to travel or spent time in the company’s offices anywhere in the world. A hybrid of remote jobs and online jobs, telecommuting jobs usually don’t require employees to travel or spend time in the company’s offices.
crowdSPRING Blog
MARCH 26, 2019
Contract Brewing Company – In this business model, one business hires another brewery to manufacture their beer. The contract company would handle the other business aspects such as distribution, marketing, and sales. Alcohol production, distribution, and sales are all heavily shaped by laws.
The Startup Magazine
APRIL 5, 2021
State statutes allow the formation of a limited liability company (LLC). A corporation is formed when prospective shareholders exchange money, property or both, for a share of the company’s capital stock. It exists to conduct business, earn profits (or losses), pay tax and distribute dividends to its shareholders.
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