How to Choose the Right Entity: LLC vs. S-corp vs. C-corp

Discover the differences between LLCs, S-corporations, and C-corporations in a fun, easy-to-understand course designed for entrepreneurs.

  • Overview
  • Curriculum
  • Instructor
  • Review

Brief Summary

This course breaks down the often confusing world of business structures into bite-sized, relatable pieces for future business owners. You'll get the scoop on LLCs, S-corps, and C-corps, and know exactly which one to choose when it’s go-time for your venture.

Key Points

  • Understand why a legal entity is crucial for your biz
  • Learn the differences between LLCs, S-corps, and C-corps
  • Grasp the tax benefits of different business structures
  • Know when to choose each entity type

Learning Outcomes

  • Know the difference between corporations and LLCs in simple terms
  • Explore the perks of running a business as a legal entity
  • Identify the best times to pick a C-corporation, S-corporation, or LLC

About This Course

A clear explanation of the differences between LLC's, s-corporations, and c-corporations for entrepreneurs

This course discusses in detail the differences between LLC's, s-corporations, and c-corporations. So many entrepreneurs, when starting businesses, do not have a clear understanding of the differences between the different types of entities that are available and why one of those entities are better or worse than another. This course dives into the nuances that are associated with each type of entity. In the course we discuss:

  1. Why you need a legal entity for your business

  2. The differences between LLC's, s-corporations, and c-corporations

  3. The tax advantages associated with LLC's, s-corporations, and c-corporations

  4. Situations in which you should choose one entity over another

This course covers a relatively complex topic, but explains that topic and associated concepts in a simple and easy-to-understand manner. Best of all, you should be able to complete the course in less than an hour!

  • Know the difference between a corporation and an LLC, including the specific differences between c-corporations, s-corporations, and LLC's

  • Understand the benefits of operating a business under a legal entity

  • Understand the situations in which a particular type of entity is best and when they should form a c-corporation vs. an s-corporation vs. an LLC

Instructor

Profile photo of Scott Brookens
Scott Brookens

I'm a business law attorney and I help entrepreneurs start businesses. Before I became an attorney, I managed two small businesses from the initial startup phase through a fast-paced growth stage. It was a wild ride where I discovered a true love for all things business! Additionally, I come from a family of business owners. My parents purchased a small...

More Courses By Scott Brookens
Review
4.9 course rating
4K ratings
ui-avatar of Michelle Murphy
Michelle M.
5.0
11 months ago

The course explains the basics very well. It gave me the information I needed!

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ui-avatar of Kenneth Earl Colvin
Kenneth E. C.
5.0
11 months ago

This is a great course. It's very helpful and useful. The teacher is a very good instructor. I look forward to more of his courses.

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ui-avatar of Sheeja S
Sheeja S.
4.5
1 year ago

This course is a great beginner's course to understanding the basics of the different types of entities. The instructor is good teacher and easy to understand. The main objective of the course to be an overview was accomplished. I would have liked to hear a little more explanation on the points for the last section on the best option.

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ui-avatar of Robert Voss
Robert V.
5.0
1 year ago

Perfect match for the stage of learning I'm in with regards to learning about differences between the different types of entities and the pros and cons of each of them.

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ui-avatar of Edward Valdez
Edward V.
5.0
1 year ago

makes it simple to understand

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ui-avatar of Tena Floeter
Tena F.
5.0
2 years ago

Yes, it is a good match for me and makes me more comfortable dealing with my own business.

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ui-avatar of Tracy Collins
Tracy C.
5.0
2 years ago

I have been looking for this information forever I am so happy to have finally gotten it.

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ui-avatar of David E Garcia
David E. G.
5.0
2 years ago

LOOK FORWARD TO MORE FROM THIS CREATOR. GREAT NOTES STYLE TO FOLLOW HIS LECTURES

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ui-avatar of Richard Norquist
Richard N.
5.0
2 years ago

This was excellent information, and I learned a great deal in this course. Thank you for all your efforts. I will come back to this course and will review the information in the future. Thank you for your efforts and I wish you the best in the future.

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ui-avatar of Victoria James
Victoria J.
5.0
3 years ago

The information was very clear and straightforward.

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