Ok Question about LLC

Discussion in 'Lawn Mowing' started by Firstclasslawn, Apr 24, 2004.

  1. Firstclasslawn

    Firstclasslawn LawnSite Senior Member
    Posts: 341

    ok im new to the business and im gonna ask a stupid question, what is an LLC..............
     
  2. Turf Medic

    Turf Medic LawnSite Bronze Member
    Posts: 1,073

    limited liablility company

    the concept is that it protects an owner similar to a corporation but is somewhat less hassle to deal with. You can also choose to be taxed as a corporation or a partnership/sole proprieter. Very simple to set up. Most states their is no limitation as to the number of share holders/partners.
     
  3. Firstclasslawn

    Firstclasslawn LawnSite Senior Member
    Posts: 341

    what i meant to say is what is a lco does it mean lawn care organization or what
     
  4. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    LCO means Lawn Care Operator or Lawn Care Operation.
     

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