Monique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs, Social Media Today and the South China Morning P.
Monique Danao Small Business and Tech WriterMonique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs, Social Media Today and the South China Morning P.
Written By Monique Danao Small Business and Tech WriterMonique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs, Social Media Today and the South China Morning P.
Monique Danao Small Business and Tech WriterMonique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs, Social Media Today and the South China Morning P.
Small Business and Tech Writer Kelly Main Staff ReviewerKelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist c.
Kelly Main Staff ReviewerKelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist c.
Written By Kelly Main Staff ReviewerKelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist c.
Kelly Main Staff ReviewerKelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist c.
Staff Reviewer Jane Haskins, J.D. contributorJane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual property and tax issues affecting small businesses.
Jane Haskins, J.D. contributorJane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual property and tax issues affecting small businesses.
Jane Haskins, J.D. contributorJane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual property and tax issues affecting small businesses.
Jane Haskins, J.D. contributorJane Haskins practiced law for 20 years, representing small businesses in startup, dissolution, business transactions and litigation. She has written hundreds of articles on legal, intellectual property and tax issues affecting small businesses.
Updated: Jun 1, 2024, 1:46pm
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While the traditional limited liability company (LLC) remains popular, some investors have transitioned to a series LLC, which has sub-LLCs isolated from each other. If you want to know the pros and cons of starting a series LLC, we have you covered with this step-by-step guide. Read on to learn everything you need to know about a series LLC.
An LLC is a business structure that provides entrepreneurs and real estate investors with limited liability. This company structure serves to protect its owners from personal liability for business lawsuits and debts.
A series LLC consists of a “parent” or “umbrella” LLC with one or more sub-LLCs or “series” that branch off from it. All the child series are isolated from each other.
Under the series LLC, owners can create an unlimited number of child series with separate assets, members and operations. Each child series or sub-LLCs should have its own bank account, name and records. If there is a lawsuit incurred by one series, the other series are protected from liability.
Series LLCs can be useful for LLCs that operate multiple lines of business or investments and want to insulate each line from risks incurred by the others. Common examples include real estate investors with several rental properties and investment firms with multiple investment strategies. Without a series LLC, these businesses would have to form separate LLCs for each facet of their business to gain the same type of liability protection.
In the United States, Delaware was the first state to allow the creation of a series LLC.
Here is a list of other states that permit series LLCs:
The list of states may change over time. Some states, such as California, do not allow the creation of series LLCs but will authorize series LLCs created in other states to do business there.
