S Corp. or LLC?
Asked by: jenny - 16 August, 2012
For selling items on ebay, what kind of Co, should I set up? S Corporation or LLC?
For selling items on ebay, what kind of Co, should I set up? S Corporation or LLC?
Answered by: Ray Albert - 17 August, 2012
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'.
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'.
