By Brian Figeroux, Esq. New York City is one of the most vibrant and competitive business environments in the world, offering a wealth of opportunities for entrepreneurs. However, before starting a business in NYC, it’s essential to understand the various legal structures available and the processes involved in establishing your company. The legal structure you […]
By Brian Figeroux, Esq. | Editorial Credit: Zhanna Hapanovich / shutterstock.com To maintain the protection of limited liability, LLC members must follow certain best practices, including keeping personal and business finances separate, maintaining adequate capitalization, operating ethically and lawfully, and avoiding personal guarantees. The Limited Liability Company (LLC) is one of the most popular business […]
Editorial Credit: JLco Julia Amaral/shutterstock.com 1. Introduction to Limited Liability Companies (LLCs) Overview of an LLC A Limited Liability Company (LLC) is a popular business structure in the United States that provides business owners with the flexibility of a partnership or sole proprietorship while offering the limited liability protection typically associated with a corporation. An […]