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Inc. or inc may refer to: Incorporation (business), as a suffix indicating a corporation; Inc., an American business magazine; Inc. No World, a Los Angeles–based band; Increment, in computer programming languages, particularly assembler mnemonics; Incumbent, the current holder of a political office
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
A business entity is an entity that is formed and administered as per corporate law [Note 1] in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries.
Inc. is an American business media company founded in 1979 and based in New York City. [4] [5] Inc. publishes several print magazine issues per year, and is anchored by journalistic content online and on social media, focused on entrepreneurship and related news. Inc. also produces several live and virtual events yearly, including the Inc. 5000 conference.
Among other things, the value of Ke and the Cost of Debt (COD) [6] enables management to arbitrate different forms of short and long term financing for various types of expenditures. Ke applies most prominently to companies that regularly generate excess capital (free cash flow, cash on hand) from ongoing operations.
In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). [4]
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A company limited by shares: The most common form of the company used for business ventures. Specifically, a limited company is a "company in which the liability of each shareholder is limited to the amount individually invested" with corporations being "the most common example of a limited company". [ 10 ]