FAQ

When setting up a new business, you will come across many new terms, and you might be wondering, what does 'LLC' stand for? In this article, we take a look at what is meant by the term ‘LLC’ and consider the advantages and disadvantages of this legal business entity.

What Does LLC Stand For?

So, what does LLC stand for? LLC stands for ‘limited liability company' which is a type of business entity. Other business entities include sole proprietorships, partnerships, and corporations. An LLC is a…

Cash flow and profit are important factors when it comes to business. And there are numerous ways that you can improve both cash flow and profit. Most business owners think earning more means working longer or offering more products or services. Or to earn more you have to hire employees, which can be expensive and risky.

In this article, we will explore how this is not always the best option and how you can increase small business revenue streams without significantly inc,reasing your workload…