A Minnesota LLC is a Popular Business Entity for Smaller Size Companies
An article in Forbes magazine highlights the fact that, in years past, once an individual outgrew a proprietorship, he or she formed a corporation. Today, “limited liability companies (LLCs) are the new normal.” When it comes to business formation in Minnesota, LLCs are-as elsewhere in the nation-an increasingly popular type of business entity. Entrepreneur Magazine reports that the popularity of LLCs is due to two factors. First, LLCs offer businesses the organizational simplicity and flexibility of a partnership. Second, they also offer More +
