Many businesses are operated through a separate entity such as a corporation or a partnership (either formed with or without limited liability). Most legal jurisdictions allow people to organize such an entity by filing certain charter documents with the relevant Secretary of State or equivalent and complying with certain other ongoing obligations. The relationships and legal rights of shareholders, limited partners, or members are governed partly by the charter documents and partly by the law of the jurisdiction where the entity is organized. Generally speaking, shareholders in a corporation, limited partners in a limited partnership, and members in a limited liability company are shielded from personal liability for the debts and obligations of the entity, which is legally treated as a separate "person". This means that unless there is misconduct, the owner's own possessions are strongly protected in law if the business does not succeed.
In legal parlance, the owners of a company are normally referred to as the "members". In a company limited or unlimited by shares (formed or incorporated with a share capital), this will be the shareholders. In a company limited by guarantee, this will be the guarantors. Some offshore jurisdictions have created special forms of offshore company in a bid to attract business for their jurisdictions. Examples include "segregated portfolio companies" and restricted purpose companies.
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vi → profitieren (from, by von); (from experience also) → Nutzen ziehen (from aus); who will benefit from that? → wem wird das nützen?; but how do we benefit? → aber was nützt das uns?; he would benefit from a week off → eine Woche Urlaub würde ihm guttun; I think you’ll benefit from the experience → ich glaube, diese Erfahrung wird Ihnen nützlich sein or von Nutzen sein; a cure from which many have benefited → eine Behandlung, die schon manchem geholfen hat
A limited liability company: "A company—statutorily authorized in certain states—that is characterized by limited liability, management by members or managers, and limitations on ownership transfer", i.e., L.L.C. LLC structure has been called "hybrid" in that it "combines the characteristics of a corporation and of a partnership or sole proprietorship". Like a corporation, it has limited liability for members of the company, and like a partnership it has "flow-through taxation to the members" and must be "dissolved upon the death or bankruptcy of a member".
I can only put this down to the excellent business profile you prepared. Providing all the information you required actually was a bit of a pain but I can appreciate now how important all the detail was. There was simply no comparison between this professionally produced profile complete with colour photos that PBS produced to the rolled up sheets of paper that the other broker was trying to use to sell the business.
This is a considerable benefit in an industry under pressure from rising transportation and raw material costs. — Leslie Patton, The Seattle Times, "Senior citizens are replacing teenagers as fast-food workers," 13 Nov. 2018 Without the cash or food, there were no visible benefits. — Dylan Matthews, Vox, "How a $50-a-year nutrition program cut domestic violence in Bangladesh," 12 Nov. 2018 But new evidence suggests there may still be benefits to getting the vaccine at a later age. — Korin Miller, SELF, "The HPV Vaccine Is Now FDA-Approved for People Over 26: What You Need to Know," 9 Oct. 2018 Some questions, answered: What are the benefits to passengers? — Barbara Peterson, Condé Nast Traveler, "The Future of Biometrics at the Airport," 20 Sep. 2018 Ford might have been in some profession for which publicity is a benefit. — Jennifer Wright, Harper's BAZAAR, "What Do Women Have to Do to Be Believed?," 20 Sep. 2018 There are numerous benefits of breastfeeding for mother and baby alike, such as shedding pregnancy weight and potentially reducing a baby’s risk of contracting certain illnesses. — Madeline Farber, Fox News, "Moms who breastfeed first child for at least 5 months likely to have 'more children overall,' study suggests," 19 Sep. 2018 Brands That Retain Value AptDeco, which launched in 2013, is an online platform that allows you to buy and sell used furniture with a major benefit. — Monique Valeris, ELLE Decor, "An Expert's Top Advice for Selling Furniture Online," 13 Sep. 2018 Protectionist policies can have a short-term benefit, but eventually hurt all parties involved. — Phillip Molnar, sandiegouniontribune.com, "Can the U.S. economy withstand a trade war?," 13 July 2018
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