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When you're ready to incorporate, you may have some questions and are looking for the easiest way to do so. And you're probably wondering which is best for your business – LLC or Inc. We'll break it all down for you to make it easier to make the best choice for you. 🔔 Subscribe to our channel: / @simplify_llc 💡 What is an LLC? Limited Liability Company: Benefits and Disadvantages: • What is an LLC? Limited Liability Company:... 💡 How To Form An LLC: • How To Form An LLC | Create an LLC in 8 Ea... 💡 How-to guides for starting your own company: • How-to guides for starting your own company 00:00 Introduction 00:41 Differences between an LLC and a corporation 01:15 What is an LLC 02:04 What is a Corporation (Inc) 03:30 Comparison between LLCs and. Inc.'s 06:13 Who should form an LLC? 06:27 Who should form an Inc.? You should form an LLC when you want a low-cost way to start your business. It's a quick road to a formal business structure, has easy compliance, and is perfect for those who want a private business with no investors. When you want to bring on investors, you need a C or S-Corp. Well that’s it for today, thanks for watching. If you want to learn more, we have how - to guides for starting and running your own company on our website ww.SimplifyLLC.com. #llcvsinc #llc #simplifyLLC SimplifyLLC is an independent publication that provides free guides for small business owners. If you’re looking for business ideas and do-it-yourself guides on forming and operating an LLC, then SimplifyLLC is your go-to resource for simple, legal jargon-free information.