What Is the Difference Between LLC & Inc?



Category : Business
If you are getting ready to launch your own business, you've thought about your options. You want to be able to have a business name, be recognized by the state you have your business in, protect your assets and have the best tax privileges. Choosing to structure your business as limited liability company (LLC) or a straight incorporation (Inc.) will depend on several factors. Business collaboration."How to Communicate Your Ideas" is Copyrighted by Flickr user: kevindooley (Kevin Dooley) under the Creative Commons Attribution license.
EmployeesA limited liability company often will not have any technical employees. That is, whatever profits the company makes, the owner(s) keep and depo

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