What’s the Difference between an LLC and a Corporation? (2018)

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Often times we’re confused between these terms LLC, corporation.

What’s the difference? Which was better for my company? What’s the difference between the two? Do they protect me?

This is a great question. Basically, an LLC  and a corporation from a legal standpoint are very similar. An LLC is a Limited Liability Company. A corporation is a company that limits your liability. The idea is you’re trying to put certain assets into certain buckets. Cover them with what we call ...

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