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Inc. vs LLC - whats more credible?
Asked by:
Paul McLaskey — 6 January, 2011
Do you think a company with “Inc.” give you more credibility than “LLC”? I think people tend to treat companies with Inc more seriously.
Answered by:
admin — 6 January, 2011
Paul,
Your point regarding credibility in business is well-taken. Although I am happy to say that perceptions are changing.
A lot of large private companies are now formed as LLCs (including Amazon and Chrysler) and more and more people recognize the business savvy in those who own a limited liability company. Perhaps in the future you can consider this type of entity for your business endeavors.
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