Limited liability insurance is coverage for a partner in a business. This type of insurance provides protection for individuals, not a collective, and protects personal and private assets. Much like a ...

The Limited Liability Company (LLC), a hybrid of the partnership and the corporation, has become a popular legal alternative for business owners. Now available in almost all states, the LLC combines ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

Liability should be a critical concern for any small business owner, as it refers to how much personal responsibility a business owner has for any debts racked up by the business. If you have ...

A Limited Liability Company (LLC) is a business structure that provides limited liability protection for its owners and shareholders. It means that the company's liabilities are separate from those of ...

An injury to a customer or client can sink a small business. General liability insurance can protect you against liability for injuries, damages and other claims. You can get coverage either as part ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Bobby L. Hickman is a longtime business and financial journalist who brings decades of ...