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LLC vs INC - What is the Difference between an LLC and Inc? Which Business Structure to Choose?

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SimplifyLLC

When you're ready to incorporate, you may have some questions and are looking for the easiest way to do so. And you're probably wondering which is best for your business – LLC or Inc. We'll break it all down for you to make it easier to make the best choice for you.

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What is an LLC? Limited Liability Company: Benefits and Disadvantages:    • What is an LLC? Limited Liability Com...  
How To Form An LLC:    • How To Form An LLC | Create an LLC in...  
Howto guides for starting your own company:    • Howto guides for starting your own c...  

00:00 Introduction
00:41 Differences between an LLC and a corporation
01:15 What is an LLC
02:04 What is a Corporation (Inc)
03:30 Comparison between LLCs and. Inc.'s
06:13 Who should form an LLC?
06:27 Who should form an Inc.?

You should form an LLC when you want a lowcost way to start your business. It's a quick road to a formal business structure, has easy compliance, and is perfect for those who want a private business with no investors. When you want to bring on investors, you need a C or SCorp.
Well that’s it for today, thanks for watching.
If you want to learn more, we have how to guides for starting and running your own company on our website ww.SimplifyLLC.com.
#llcvsinc #llc #simplifyLLC

SimplifyLLC is an independent publication that provides free guides for small business owners.
If you’re looking for business ideas and doityourself guides on forming and operating an LLC, then SimplifyLLC is your goto resource for simple, legal jargonfree information.

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