(DBA) refers to businesses that operate under a fictitious name, while limited liability company (LLC) refers to legal entities that are entirely separate from business owners.
A limited liability company (LLC) is a business structure in the United States whereby the owners are not personally liable for the company's debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.
Allows a franchisee or licensee to operate under its trade name if the franchisee or licensee is required to collect sales or use tax; or. conducts business in this state through employees, agents or independent contractors.
Your Small Business Legal Plan can help with any business legal matter and provides access to legal consultation, document and contract review, debt collection letters, legal forms, and other features.
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