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Create a matrix charting the pro and cons and advantages and disadvantages for the following forms of company organizations: LLC S-Corporation C-Corporation Cost: what are
Create a matrix charting the pro and cons and advantages and disadvantages for the following forms of company organizations:
- LLC
- S-Corporation
- C-Corporation
- Cost: what are the comparative costs of setting up?
- Ease: what are the relative costs for setting up each?
- Termination: what is the state requirement for continuity?
- Public Information: how important is it that your personal information is shared or not shared with the public
- Risk: what level of liability exists in the operation of the business based on the type of business itself what is the best form to insulate owners from personal liability
- Operation: what form best supports the intentions of the owners what is the best control risk balance form of operation
- Capitalization: is there a risk of undercapitalization what would be the impact will there be a need to raise capital to avoid increased liability is there a form that makes it easier to raise capital
- Selling: if owners wish to sell what form best accommodates that situation
- State Taxes: what are the tax liabilities from the state in setting up the business
- Expansion: which form provides the greatest flexibility in the event of expansion
| Limited Liability Company (LLC) | S-Corporation | C-Corporation | |||
| Pros | Cons | Pros | Cons | Pros | Cons |
Cost |
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Ease |
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Termination |
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Public Information |
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Risk |
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Operation |
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Capitalization |
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Selling |
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State Taxes |
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Expansion |
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