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  2. Operating agreement - Wikipedia

    en.wikipedia.org/wiki/Operating_agreement

    An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners, called "members".

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    t. e. 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] An LLC is not a corporation under the laws of every state; it is a legal form ...

  4. How to start an LLC in 7 easy steps - AOL

    www.aol.com/start-llc-7-easy-steps-163000220.html

    Key takeaways. Form an LLC in only seven steps: Select a unique name, appoint your registered agent, determine your LLC's structure, create an operating agreement, file articles of organization ...

  5. Articles of organization - Wikipedia

    en.wikipedia.org/wiki/Articles_of_Organization

    Articles of organization. The articles of organization are a document similar to the articles of incorporation, outlining the initial statements required to form a limited liability company (LLC) in many U.S. states. Some states refer to articles of organization as a certificate of organization or a certificate of formation. [1]

  6. What Does LLC Mean and Why Your Business Needs One - AOL

    www.aol.com/finance/does-llc-mean-why-business...

    LLC, which stands for limited liability company, is a great option for small business owners looking for a way to get legally established. Not only does this business structure make your […]

  7. Low-profit limited liability company - Wikipedia

    en.wikipedia.org/wiki/Low-profit_limited...

    Corporate law. A low-profit limited liability company ( L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules ...

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