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Crowning Glory LLC Case Study

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Crowning Glory LLC Case Study
Crowning Glory LLC, is a limited liability company. According to Business Dictionary, A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities. Limited Liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship (Business Dictionary, n.d.).

Crowning Glory LLC was founded in September 2016. Crowning Glory LLC is not for profit. The paperwork has been started to obtain a 501(c)(3) non- profit status. A 501(c)(3), is a federal tax nonprofit status. The company's vision "To empower young ladies through innovation and modern flare on some traditional ways.


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