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jz365 replied to the topic Discussion Topic: Inc. vs. LLC in the US in the forum Business 101 6 years, 8 months ago
If the company is looking to grow, it should be an Inc instead of an LLC. In an Inc, you can hire Officers to compartmentalize your company. This spreads the task of growth out onto more people. In an LLC, there are fewer owners. Between running the company, maintaining contacts, and driving expansion, they could get overwhelmed. Also, Inc company leadership is more fluid than in an LLC. In an LLC, if there was one initial investor that paid a lot more, thy will be in charge of decisions forever. In an Inc, it is a lot easier to change who has the biggest say in company decisions.