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
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Understand why a legal entity is crucial for your biz
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Learn the differences between LLCs, S-corps, and C-corps
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Grasp the tax benefits of different business structures
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Know when to choose each entity type
Learning Outcomes
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Know the difference between corporations and LLCs in simple terms
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Explore the perks of running a business as a legal entity
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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:
Why you need a legal entity for your business
The differences between LLC's, s-corporations, and c-corporations
The tax advantages associated with LLC's, s-corporations, and c-corporations
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
Michelle M.
The course explains the basics very well. It gave me the information I needed!