How to Choose the Right Entity: LLC vs. S-corp vs. C-corp

How to Choose the Right Entity: LLC vs. S-corp vs. C-corp

This course discusses in detail the differences between LLC's, s-corporations, and c-corporations. So many entrepreneurs, when starting businesses, do not have a clear understanding of the differences between the different types of entities that are available and why one of those entities are better or worse than another. This course dives into the nuances that are associated with each type of entity. In the course we discuss: 

1. Why you need a legal entity for your business
2. The differences between LLC's, s-corporations, and c-corporations
3. The tax advantages associated with LLC's, s-corporations, and c-corporations
4. Situations in which you should choose one entity over another

This course covers a relatively complex topic, but explains that topic and associated concepts in a simple and easy-to-understand manner. Best of all, you should be able to complete the course in less than an hour! 

A clear explanation of the differences between LLC's, s-corporations, and c-corporations for entrepreneurs

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What you will learn

• Know the difference between a corporation and an LLC, including the specific differences between c-corporations, s-corporations, and LLC's
• Understand the benefits of operating a business under a legal entity
• Understand the situations in which a particular type of entity is best and when they should form a c-corporation vs. an s-corporation vs. an LLC

Rating: 4.5

Level: All Levels

Duration: 41 mins

Instructor: Scott Brookens