South Carolina Business One Stop > Welcome to SCBOS > SCBOS Cale. South Carolina Business One Stop > Welcome to SCBOS > SCBOS Cale. South Carolina Secretary of State: Library of Forms and Fees. South Carolina Department of Labor, Licensing and Regulation. Welcome to SCBOS. The Limited Liability Partnership (LLP. As a small business owner, your asset protection planning must extend beyond protecting personal assets by leveraging statutory exemptions. You also must carefully plan and implement asset protection strategies for your business as well. Choosing the most appropriate entity is the first step in the process. If you are in business for yourself, that business is likely to be your riskiest undertaking.
Therefore, it makes sense to consider carefully the organizational form in which your business is conducted. Although you can choose to run your business as a sole proprietorship, partnership, corporation or limited liability company (LLC), in most cases the LLC will offer the most effective protection for both your personal assets outside the business and your investment in the business itself. The following are brief summaries of some of the key characteristics of the organizational choices that are available to the business owner. Sole Proprietorship. Number of owners. General Partnership. Compliance and Security for Higher Education - CampusGuard.