FAQ's
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What is a LLC? The limited
liability company (LLC) is a completely new form of doing
business for the United States. LLCs are a blend of some of the
best characteristics of corporations, partnerships and sole
proprietorships. It is a separate legal entity like a
corporation but it is entitled to be treated as a partnership
for tax purposes and therefore carries with it the "flow
through" or "transparent" tax benefits that corporations do not
have. It is very flexible and simple to run and, like a sole
proprietorship, there is no statutory necessity to keep minutes,
hold meetings or make resolutions which can trip up many
corporation owners. LLC owners are not called stockholders
or partners, they are called MEMBERS.
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What is a web site? A
Web site is a related collection of World Wide Web (WWW)
files that includes a beginning file called a home page. A
company or an individual tells you how to get to their Web site
by giving you the address of their home page. From the home
page, you can get to all the other pages on their site. For
example, the Web site for IBM has the home page address of
http://www.ibm.com. (The home page address actually includes a
specific file name like index.html but, as in IBM's case,
when a standard default name is set up, users don't have to
enter the file name.) IBM's home page address leads to thousands
of pages. (But a Web site can also be just a few pages.)
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What is a domain name?
A domain name locates an organization or other entity on the
Internet. For example, the domain name www.totalbaseball.com"
locates an Internet address for "totalbaseball.com" at Internet
point 199.0.0.2 and a particular host server named "www". The
"com" part of the domain name reflects the purpose of the
organization or entity (in this example, "commercial") and is
called the top-level domain name. The "totalbaseball" part of
the domain name defines the organization or entity and together
with the top-level is called the second-level domain name. The
second-level domain name maps to and can be thought of as the
"readable" version of the Internet address.
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What is web site hosting?
Web site hosting (also known as Web hosting, and
Webhosting) is the business of housing, serving, and
maintaining files for one or more web sites. More important
than the computer space that is provided for Web site files is
the fast connection to the Internet. Most hosting services offer
connections on T-carrier system lines. Typically, an individual
business hosting its own site would require a similar connection
and it would be expensive. Using a hosting service lets many
companies share the cost of a fast Internet connection for
serving files
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