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  2. Is an LLC Worth It for Sole Proprietors?

    www.aol.com/llc-worth-sole-proprietors-140012254...

    LLC stands for "limited liability company," which is a business structure that combines the pass-through taxation of a sole protectorship with the limited liability of a corporation.

  3. Loan-out corporation - Wikipedia

    en.wikipedia.org/wiki/Loan-out_corporation

    The creator of the corporation is typically the sole shareholder, [1] and thus the corporation is used as a means to reduce their personal liability, protect their assets and exploit taxation advantages. Loan-Out corporations are especially prominent in the entertainment and professional sports industries, as the creator's services are ...

  4. Sole proprietorship - Wikipedia

    en.wikipedia.org/wiki/Sole_proprietorship

    A crucial component of a sole proprietorship within a business plan is the provision of an inherent guideline, for actions that require implementing for a business to achieve growth. The business name and products are critical aspects in the founding of a sole proprietorship and once selected, should be protected.

  5. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1]

  6. Dissolution (law) - Wikipedia

    en.wikipedia.org/wiki/Dissolution_(law)

    Dissolution of a partnership is the first of two stages in the termination of a partnership. [1] "Winding up" is the second stage. [1] [2] Dissolution may also refer to the termination of a contract or other legal relationship; for example, a divorce is the dissolution of a marriage only if the husband or wife does not agree. If the husband and ...

  7. Corporate law - Wikipedia

    en.wikipedia.org/wiki/Corporate_law

    Sole proprietorship; Privately held company; The proprietary limited company is a statutory business form in several countries, including Australia. Many countries have forms of business entity unique to that country, although there are equivalents elsewhere.

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