Should I use an LLC or a corporation for my small business?. Web A limited liability company (LLC) is a formal entity structure that protects small business owners from being personally liable for business debts. Regulations for LLCs fall under each state's jurisdiction, so the process to form one will vary depending.
Should I use an LLC or a corporation for my small business? from fitsmallbusiness.com
WebThe main difference between an LLC and a corporation is that an llc is owned by one or more individuals, and a corporation is owned by its shareholders. No matter which entity you choose, both entities offer big.
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