Many startup businesses are started as one of three business entities: a Limited Liability Company (LLC), an S corporation, or a C corporation. So how do they differ, and which is the best startup structure? In this article, I explain the differences between these three business structures and highlight the pros and cons of each.
S Corporations
What Is an S Corporation? An S corporation is a legal entity used to form and operate a business, and which offers the benefit of “pass-through” taxation.
How Is an S Corporation Formed?
Either an “Articles of Incorporation” or “Certificate of Incorporation” form is filed with the Secretary of State in the state you decide to incorporate in.
Dispatches From The Front 