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ao242 replied to the topic Discussion Topic: Inc. vs. LLC in the US in the forum Business 101 7 years, 5 months ago
The company will be better off to exist as an “Inc.” corporation than an “LLC”, first Corporation has limited liability, so the investors and owners are not generally liable for business debts and other liabilities. While an LLC, does has limited liability but Instead, any net profit or loss is “passed through” to the personal tax returns of the owners or investors. Corporation “Inc” will make far more profit, can be publicly traded and “C Corporation” can raise more finances by issuing stock. A lot of capital could be raised and use it in further research, to add new product line etc. An LLC has to depend selling shares to raise funds and cannot be publicly traded