Business Strategies : Definition of a Limited Liability Company

The definition of a limited liability company, known as an LLC, is a group of individuals who apply to be on their own, not pay tax and divide losses or profits equally among the partners. Understand how an LLC works with information from a portfolio manager in this free video on business strategies. Expert: Roger Groh Bio: Roger Groh is the founder of Groh Asset Management. Filmmaker: Bing Hu

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Business Strategies : Definition of a Limited Liability Company

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