Here are the upsides and downsides to various business structures: Sole Proprietorships, LLCs, C-corps, S-corps and Partnerships.
Pros and Cons of the Popular Business Entities: Sole Proprietorship, LLC, S Corp and C Corp
When you’re starting or running a small business, countless questions arise, particularly surrounding your business’ legal structure.
In this webinar, Nellie Akalp, CEO of CorpNet.com, will discuss the most common business entities to help you navigate this important decision and what changes you need to know for this year.
Participants will learn:
- Why the Sole Proprietorship or Partnership offers no liability protection for business owners
- Details on the Limited Liability Company (LLC) and why it is so popular among business owners
- About S Corporation versus the LLC and what is best for which types of businesses
- How the recent 2018 tax reform and tax reduction for C Corporation and S Corporations affects small business owners
Download the webinar transcript.
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Nellie Akalp is a passionate entrepreneur, business expert, professional speaker, author, and mother of four.
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New entrepreneurs have to decide their business structure. Learn the difference between a Sole Proprietor and Single-member LLC.