TeenAnalyst.com

Limited Liability Company (LLC)
Below, you'll find a definition of this investing term...

Definition: A corporate structure that limits the amount of liability the owners have.  If the company is sued or goes bankrupt, the owners are not responsible for debts or settlements.

TeenAnalyst Advice: Forming an LLC is a relatively easy process that has a number of advantages.  One of these is that they can be represented as a legally separate entity.

On the downside, LLC's have to pay annual franchise taxes and they're required to keep more paperwork.

TeenAnalyst.com is an LLC, officially recognized as TeenAnalyst.com, LLC.

 

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