Take Caution When Signing Limited Liability Company Contracts by Elizabeth A. Brown, Esq One of the principal reasons for forming and conducting business as a limited liability company is to minimize the chance that you and the other members of the company will be...
LLC and S Corp: The Best of Both Worlds
The Best of Both Worlds- LLC and S Corp You have a successful business and you very wisely registered your business as a limited liability company vs. an s corp because of its simplicity, flexibility and, whether or not you knew this, an LLC can provide even more...
Multi-member LLC vs Single Member LLC
Why is the Liability Protection Greater for a Multi-member LLC? A limited liability company ("LLC") provides a certain amount of liability protection that is very similar to the protection offered by a corporation. For example, Samantha buys shares in ABC, Corp.; ...
Small Business Basics: Starting a Limited Liability Company (LLC)
Small Business Basics If you are a small business- one to five people who wish to join to together to run a business- you probably will want to create a Limited Liability Company or LLC. As a small business basics, you may have already done so. It is incredibly easy....
New Limited Liability Company Act Law: a Boon for Small Business
SB 203- The Limited Liability Company Act On June 18, 2012 Gov. Lynch signed into law SB 203, the Limited Liability Company Act. The legislation completely rewrites RSA 304-C, the New Hampshire law on Limited Liability Companies. This Act was drafted by...