There are many well known LLC companies that people may not realize are LLCs….There are many other famous LLCs, including the following:

• Blackberry.
• Pepsi-Cola.
• Sony.
• Nike.
• Hertz Rent-a-Car.
• eBay.
• IBM.

  Is an LLC good for my business?

  An LLC lets you take advantage of the benefits of both the corporation and partnership business structures. LLCs can be a good choice for medium- or higher-risk businesses, owners with significant personal assets they want protected, and owners who want to pay a lower tax rate than they would with a corporation.

  What do I need to set up a LLC?

  Besides the funds you’ll need to get your LLC set up, there will also be numerous expenses involved in maintaining and, of course, scaling up your business. Needless to say, the costs of running a business vary depending on the age of your business, the industry you’re in, where you’re located, and so on.

  How does a limited liability company ( LLC ) work?

  The liability arises out of the business itself. Articles of organization are part of a formal legal document used to establish a limited liability company (LLC) at the state level. A general partnership is an arrangement in which two or more persons agree to share in all assets, profits, and liabilities of a business.

  What does LLC Stand for in Business category?

  An LLC, which stands for “limited liability company,” is a business structure that protects the personal assets of the business’s owners (referred to as “members”).

  Can a LLC be used for more than one business?

  Structuring multiple business ventures this way is common among real estate investors and developers who wish to keep the liability risks of individual properties from affecting the assets of the other properties they own. Realize that having a parent LLC and subsidiaries doesn’t completely insulate business owners from liability.