Time to start that business and want to set it up the right way. We can help.
What Is an LLC
Limited Liability Company : Blends the attributes of both corporations and partnerships. Like a general partnership, LLC’s have the benefit of flexibility and tax exemptions.
Separate Entity: Like a corporation, LLC’s are their own separate entity and can have their own bank account and employer identification number (EIN) to conduct business.
What are the Advantages and Disadvantages of an LLC?
Types of Business Structures
- Sole proprietorship. The most common business structure type is a sole proprietorship.
- Partnerships. A partnership is a business that two or more individuals own and operate together.
- Corporation. A corporation, or C Corp, is separate from its owners.
- S corporation.
- Limited liability company.
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