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S Corp. or LLC?

Asked by: jenny - 16 August, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 For selling items on ebay, what kind of Co, should I set up? S Corporation or LLC?
Answered by: Ray Albert - 17 August, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Jenny,

Generally speaking, an LLC is often the easiest and most flexible entity type for a small business. However, depending on your resident state, it may be more cost-effective to register an S-Corp.

I'd like to invite you to read our research article titled 'Choosing Business Entity'. I believe you will find this information to be helpful in making the decision to best suit your business plan. For a tabled side-by-side comparison between the different entity types, we also have an article titled 'LLC vs. Corporation'.

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