S Corp vs. C Corp vs. LLC: Which Business Structure Is Right for You?

Tips for small business owners on choosing the right structure

Any business owner setting up a new company faces the inevitable question: What type of organization is best for my business? It’s never an easy answer. There are lots of choices, and each one has its own set of rules.

There are partnerships and there are corporations. In this article, I won’t discuss partnerships but will focus on the three primary corporate entities: S corporations (S-corps), C corporations (C-corps) and limited liability companies (LLCs). (There are others forms of corporate ownership, like professional corporations, but we’ll just focus on the three most popular.)

Read more here: https://sba.thehartford.com/business-management/which-business-structure-is-right-for-you/