I am given a project to Develop and Incorporate a Business. I decided about video game business for example companies that make big systems like xbox. I have to write a essay.

Type of Entity?: LLC
Reason for selecting Entity?

What is entity LLC? Can you tell me i didn't understand that word(i know the full form of it i still don't understand it)
What will be LLC in video game business.

This site will explain LLC
http://en.wikipedia.org/wiki/Limited_liability_company