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Chapter 1: Episode 23 (The Philosophy of Money- Business Units-- Limited Liability Companies (LLC))
- A company is an association of persons registered under the companies act who contribute capital in order to carry out business with a view of making profit.
In this episode we go over the Limited Liability Company (LLC) type of business unit covering the following:
- Features
- Formation
- Sources of capital
- Types of companies
- Dissolution
Disclaimer: Majority of this information will be derived from a course text I used in High School in my business studies class called "Investor 2". This information is still however relevant to date.
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By Michael K.- A company is an association of persons registered under the companies act who contribute capital in order to carry out business with a view of making profit.
In this episode we go over the Limited Liability Company (LLC) type of business unit covering the following:
- Features
- Formation
- Sources of capital
- Types of companies
- Dissolution
Disclaimer: Majority of this information will be derived from a course text I used in High School in my business studies class called "Investor 2". This information is still however relevant to date.