Limited Liability Company (LLC)
An Limited Liability Company (LLC) is the best of both worlds when it comes to entities. An LLC offers the benefits of limited liability, taxations as a partnership, and management flexibility. An LLC can elect to be “manager-managed” or “member-managed.”
More Information:
Choosing The Right Entity
Why your Startup or Small Business Should (likely) Be An LLC
The Company Agreement Explained: Member-Managed v. Manager-Managed
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Why your Startup or Small Business Should (likely) Be An LLC
The Company Agreement Explained: Member-Managed v. Manager-Managed