I've been reading a lot lately on which business entity to form. I bought a book at Borders the other day that discusses a lot of the pro's and con's of each. So far, I can't find out why an SCorp may be better than an LLC.
I am one person, the reason I want to incorporate is to protect my personal assets from liability. Both the SCorp and the LLC accomplish this. The SCorp adds a lot of organization stuff on top that really isn't necessary for me. Things like having a board, having board meetings, etc.
I've pretty much decided on an LLC. Does anyone have any comments about one over the other?
posted on Tuesday, November 08, 2005 9:59 PM