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01-05-2001, 10:00 AM | #1 |
Registered Member
Join Date: Jan 2000
Location: Warner Robins, GA, USA
Posts: 210
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LLC?
I have noticed a lot of the performance shops have the letters LLC at the end of thier name. Does anyone know what this stands for?
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01-05-2001, 01:29 PM | #2 |
Registered Member
Join Date: Aug 2000
Location: Plymouth, MI
Posts: 254
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Limited Liability Corporation.
It's like 'Inc.' stands for Incorporated. LLC is typically used by small businesses (including mine), because it grants more favorable tax status, among other things. If a company reaches a certain size, they are required by federal law to switch from LLC to Inc. ------------------ Moxie Racing |
01-05-2001, 02:04 PM | #3 |
Registered Member
Join Date: Jan 2000
Location: Warner Robins, GA, USA
Posts: 210
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Hey thanks Moxie!
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