Business Formation
There's more than one way to set up a business officially. Learn the differences between business types so you can pick the one that's right for you.
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Why Do Film Companies Form an LLC for a Movie?
For most independent filmmakers, forming an LLC is the best choice for their movie production companies since it mitigates liability, defines governance, and, most importantly, gets people paid.
· 4 min read
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What Is the Owner of an LLC Called?
You aren’t required to use any particular title, but you do need to make sure that the title you choose is appropriate and doesn’t mislead anyone.
· 3 min read
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What Makes an LLC Different from a PLLC?
If you are a licensed professional, you may have been advised to set up a professional limited liability company, or PLLC. Before starting your practice, be sure you understand PLLCs, and how they differ from LLCs and other business structures.
· 3 min read
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What Is an LLC and How Does It Work?
An LLC offers great advantages to a budding business. From personal protection, flexible pass-through profit distribution and so much more!
· 4 min read
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What Facebook’s CEO Mark Zuckerberg’s Donation Teaches Us About LLCs
Facebook founder and CEO Mark Zuckerberg pledged to give away 99 percent of his wealth. However, instead of allocating it to charity, he decided to start an LLC. Why didn’t he just donate it?
· 3 min read
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What Does LLC Mean at the End of a Company Name?
LLC stands for limited liability company and is a term that you may see often after the names of companies.
· 3 min read
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What Does It Mean to Be an LLC?
An LLC formation limits your personal liability and legally separates you from your business.
· 4 min read
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The Definition of an LLC Managing Member
If you're deciding whether your LLC should be member-managed or manager-managed, first learn what an LLC managing member does and consider the tax implications.
· 3 min read
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The Basics of LLC Guaranteed Payments
LLC members can receive either profit-sharing distributions or a nonsalary payment known as guaranteed income.
· 3 min read
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Structuring Your Nonprofit: The Differences Between Incorporation and LLC
Founders of small nonprofits are increasingly turning to LLC business structures rather than incorporating. Here's why it makes sense—and how to do it.
· 5 min read
