Are There Any Benefits to a Connecticut LLC?
There are a number of advantages to forming a Connecticut LLC when you start your own business as opposed to a Connecticut corporation. The Limited Liability Company Form is very flexible. It can be utilized to really operate your business as a partnership with a member-managed LLC or it can be run closer to a corporation with a manager-managed LLC. Obviously, there’s protections from liability to the members which are common to the corporation. Finally, with a Limited Liability Company it allows you to address the different types of capital being contributed to the LLC and the members playing a different sort of role in the operation and governance of an LLC.
This informational blog post was brought to you by Attorney Eric L. Foster, an experienced Hartford County, Connecticut Business Lawyer.
Lindh Foster, LLC
Connecticut Business Lawyer & Debtors Rights Attorney, Eric Foster of Lindh Foster, LLC, has been practicing law for over 25 years in Connecticut, New York and Hong Kong, China. As a Connecticut Business Lawyer, Eric Foster’s legal practice currently centers around representing small businesses and entrepreneurs, in selecting their business structure, forming their businesses, and managing their business transactions. As a former attorney at the Federal Reserve Bank of New York where he focused on the regulation of banks’ lending activities, Attorney Foster is also a passionate consumer advocate and a member of the National Association of Consumer Advocates (NACA). As a Debtor Rights Attorney, Attorney Foster enjoys advocating for and representing consumer debtors in connection with credit card, student loan and other debts they allegedly owe creditors and debt collectors.