Monday, October 18, 2010

LLC vs. Sole Proprietorship: Which do I choose?

The LLC is a relatively new form of business organization that combines the limited liability of a corporation and the taxation of a partnership. In some states even "SMLLC" (single member limited liability companies) are allowed. Can you think of any disadvantages of a SMLLC vs. a Sole Proprietorship? *Dar'shun Kendrick and KLP only authorized to practice law in Georgia.

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