3 Business Structures Explained: LLC vs. S Corp vs. C Corp (2024)
Dan X. Nguyen, Esq.
Attorney | Award Winning & Best Selling Author | Speaker & Host of the Intentional Entpreneur Podcast | New LLC & Corps | Franchise | Trademarks | Virtual In-House Attorney Membership Program
In the dynamic landscape of business, one of the foundational decisions entrepreneurs and new business owners face is selecting the most suitable business structure. The choice between a Limited Liability Company (LLC), an S Corporation (S Corp), or a C Corporation (C Corp) can significantly impact the trajectory of a business, affecting everything from taxation to liability and growth potential.
For entrepreneurs and new business owners embarking on their ventures in 2024, navigating the intricacies of these three business structures is paramount. Each structure offers its own unique advantages and disadvantages, tailored to meet different business needs and aspirations. Read more here.