LLC or Corporation? Which Is Right for Your New Business?
Posted on Apr 08, 2015 by BY TURNER PADGET LITIGATION TEAM
For most entrepreneurs, the choice of business entity comes down to an LLC or corporation, since both insulate personal assets from liability claims. LLCs, S corporations and C corporations all have advantages, depending on your business goals.
Generally, the comparisons among the three will center on taxes, operating flexibility and treatment of investors and shareholders.
Here’s a quick overview of these three alternatives that will give you a starting point for considering your options before you talk to your attorney.continue reading