In Good Company
Sunday
“Inc.” means incorporated, and “corp.” means corporation. A corporation is one type of business entity that is legally distinct from those who own it or work there.
Monday
“LLC” stands for “limited liability company,” which does not issue stock like a corporation, but is still separate from the people owning / running / working for it.
Tuesday
“DBA” stands for “doing business as.”
Wednesday
“LP” is a limited partnership…
Thursday
…and “LLP” is a limited liability partnership.
Friday
“PC” stands for professional corporation, and is a corporation which can be started by members of particular professions.
Saturday
“Co-op” is a cooperative, which is individuals, producers, or businesses working together for a common purpose, usually agreeing to certain principles of autonomy and democracy.