limited liability

  1. NY2ME

    Establishing an LLC in Maine for several types of income streams

    Hello everyone, and Happy 2023 to all! I have some questions about establishing an LLC in the state of Maine. I would want the LLC to cover several different income streams I have started to develop. Some of these I have done for many years as a hobby, while the rest are fairly new endeavors...
  2. J

    Starting a Business Research Funding Award - Incorporation for Distribution

    This is an interesting scenario where I would like some advice on whether to incorporate, and if so, as what, given a complicated scenario. A group of students (the 'old students') submitted work to an academic/research competition and won an amount of money. There is a also a group of 'new...
  3. Creating a Sole Proprietorship, the Simplest Business Entity

    Formation, LLC, Corps Creating a Sole Proprietorship, the Simplest Business Entity

    When an individual person owns and operates a business alone, that business is called a “Sole Proprietorship.” It is the easiest form of business to set up and, by far, the least costly and with virtually no legal formalities. Using Fictitious Business Names or Trade Names A sole proprietorship...
    • Michael Wechsler
    • Article
    • 4 min read
    • dba doing business as fictitious business name limited liability personal liability sole proprietorship trade name unlimited liability
    • Category: Business & Nonprofit Law
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