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LLC Guides

What is an L3C (Low-Profit Limited Liability Company)?

What is an L3C (Low-Profit Limited Liability Company)?

Carolyn Young

Published on February 15, 2022

If you’re thinking of starting a business, and you want it to be for-profit but you also have a social purpose in mind, you may want to choose alo ...

LLC vs. Nonprofit: What Is the Difference?

LLC vs. Nonprofit: What Is the Difference?

Carolyn Young

Published on February 15, 2022

Limited liability companies (LLCs) and nonprofits are both business structures that offer personal liability protection for owners. They do,however, ...

How are Profits Split in an LLC?

How are Profits Split in an LLC?

Carolyn Young

Published on February 9, 2022

If you’re forming a limited liability company (LLC) with other members, it’s vitally important that you understand how profits and losses areall ...

Wyoming vs Delaware LLC: Where to Form an LLC?

Wyoming vs Delaware LLC: Where to Form an LLC?

Carolyn Young

Published on February 7, 2022

If you’re starting a business and forming a limited liability company (LLC), you may have heard that certain states are more favorable for LLCs,in ...

Can a Holding Company Be an LLC?

Can a Holding Company Be an LLC?

Martin Eckler

Published on February 7, 2022

As a business owner, or an aspiring business owner, you’re no doubt interested in doing all you can to protect your assets. One way to do so is to ...

How to Buy a Car Under an LLC in 6 Steps

How to Buy a Car Under an LLC in 6 Steps

Carolyn Young

Published on February 7, 2022

If you have a limited liability company (LLC) and you’re buying a car for business purposes, you might be thinking of buying the car in your LLCna ...

How to Get a DUNS Number for Your Small Business

How to Get a DUNS Number for Your Small Business

Carolyn Young

Published on January 25, 2022

As a business owner, at some point, you may seek to obtain financing from a bank or other lender. Unless your business has a credit history, youwill ...

How to Choose Your LLC Tax Status

How to Choose Your LLC Tax Status

Carolyn Young

Published on January 25, 2022

When starting a business, many entrepreneurs choose to form a limited liability company (LLC) because it offers real benefits, including seriousliab ...

How to Check if a Business Name is Taken

How to Check if a Business Name is Taken

Carolyn Young

Published on January 24, 2022

Choosing a name for your business is an important step in starting your company. It’s the first impression that people will have of your companyan ...

Differences Between an LLC and an LLP

Differences Between an LLC and an LLP

Carolyn Young

Published on January 19, 2022

There are a number of decisions to make when starting a company, including which business entity type to choose. If you’re starting a businesswith ...