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  2. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    The limited liability company has grown to become one of the most prevalent business forms in the United States. Even the use of a single member LLC affords greater protection for the assets of the member, as compared to operating as an unincorporated entity. [19]

  3. Limited liability partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_partnership

    As in a partnership or Limited liability company (LLC), the profits of a Limited liability partnership (LLP) are allocated among the partners for tax purposes, avoiding the problem of "double taxation" often found in corporations. Some US states have combined the LP and LLP forms to create limited liability limited partnerships.

  4. Low-profit limited liability company - Wikipedia

    en.wikipedia.org/wiki/Low-profit_limited...

    The types of businesses that can become L3Cs is broad and usually acceptable as long as it meets state statute requirements. Existing L3C businesses are in fields including but not limited to: alternative energy, food bank processing, media consulting, art funding, job creation programs, economic development, real estate, environmental ...

  5. 6 steps to starting a consulting business in retirement - AOL

    www.aol.com/finance/how-to-start-consulting...

    In this guide. 6 steps to starting a consulting business. 4 financial benefits to consulting in retirement. The cost of retirement. Working as a consultant makes it possible to ease into ...

  6. Incorporation (business) - Wikipedia

    en.wikipedia.org/wiki/Incorporation_(business)

    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

  7. Series LLC - Wikipedia

    en.wikipedia.org/wiki/Series_LLC

    A series limited liability company, commonly known as a series LLC, protected cell company, segregated account company, or segregated portfolio company, and sometimes abbreviated as SLLC, is a form of a limited liability company that provides liability protection across multiple "series" each of which is theoretically protected from liabilities arising from the other series.

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