How to Do a Business Divorce
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.
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