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How to Choose the Best Legal Structure for Your Startup

The Motley Fool

Yes, there are a few hoops to jump through, but they are simple, affordable, and fast -- and that is why this is a popular choice for startups. The legal issues and potential liability are the same, so no, we don't like this option much either. LLC stands for Limited Liability Company.

Legal 130
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Is an LLC Worth It for Sole Proprietors?

The Motley Fool

LLC stands for "limited liability company," which is a business structure that combines the pass-through taxation of a sole protectorship with the limited liability of a corporation. The main benefits of creating an LLC include: Liability protection: An LLC protects your personal assets by separating your business and personal assets.

Legal 246
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How I Secured $25,000 of Funding for My Startup

The Motley Fool

Beyond the basic business information, the application process required several more pieces of documentation: Financial worksheet: This detailed my business's financial status, including assets, liabilities, revenue streams, and other financial metrics that provide a snapshot of the business's health and potential for growth.

Startups 130
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How to Start a Business for Under $100

The Motley Fool

This separation not only protects your personal assets from business liabilities, but can also offer potential tax benefits. Your journey from small startup to successful business is just beginning. If so, it doesn't have to break the bank. Unlike a sole proprietorship, an LLC draws a legal line between you and your business.

Legal 245
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Why Starting a Business Is More Affordable Than Most People Think

The Motley Fool

Many cities have startup incubators, small business development centers, co-working spaces, or other shared spaces where people like you are trying to build businesses. Go find the local community of entrepreneurs where you live.

Startups 233
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The Double Standard of Female CEOs Moving Fast and Breaking Things

This is going to be BIG.

Take the story of luggage startup Away’s CEO Steph Korey. Don’t get me wrong--the mental and emotional well-being of startup employees is a serious issue. In 1991, Hillary Clinton was thought of as “ a potential liability to her husband’s political career whose feminism and ambition were a bit unseemly.”

Startups 218
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Shiseido Launches Fund To Back Beauty Wellness Startups

FinSMEs

The New York City-based limited liability company invests in innovative early-stage companies within the beauty wellness space. FinSMEs 08/12/2023 The post Shiseido Launches Fund To Back Beauty Wellness Startups appeared first on FinSMEs. Read more on VCWire.tech, our new website dedicated to the tech venture capital industry.