Business

What Is Better for a Small Business LLC or Corporation

What Is Better for a Small Business LLC or Corporation

Structure and Management LLCs offer flexibility in ownership structure and management. Members can choose to manage the LLC themselves or appoint managers to oversee operations. This flexibility allows for more straightforward decision-making and avoids the formalities associated with corporations.  Corporations have a more rigid ownership structure with shareholders, a board of directors, and officers. Shareholders …

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