LLC vs Corporation – What is Best for Your Business in 2022 Franchise Findings by Vetted Biz

LLC stands for limited liability company. LLCs are granted by individual states. LLCs have few requirements and are attractive because of their liability protection and potential tax savings. This means that any debts and liabilities incurred to the business are separated from the business owners. Want to know more? Stay listening the podcast!  

This podcast was based on an exclusive Vetted Biz analysis, click here for the full report: 

https://www.vettedbiz.com/llc-vs-corporation/ 

Forbes Article: https://www.forbes.com/sites/robertwood/2020/10/05/with-10m-tax-break-only-for-c-corporations-should-your-business-elect-s/?sh=4d13453373d3 

Need help finding the right franchise? Click here: 

https://www.vettedbiz.com/franchise-search/

00:00 Introduction

00:58 What is an LLC

01:36 What is a Corporation

02:11 Corporation Formation

02:32 C Corporations

03:33 C Corporations Tax

04:35 Franchise Industries

04:55 Conclusion

#LLCVsCorporation #FranchiseFindings

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