Legal Question in Business Law in North Carolina
I'm starting a small business that will provide developmental services to families with children with special needs 0-3 years old mostly direct instruction. I wanted to know what was better a s corp or a llc,.
Asked on 3/23/11, 6:33 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
As a Franchise Attorney I can say this. It all depends on a number of factors, including your tax bracket, projected income (or loss) from the new venture and other factors. This is not a simple question that can be answered without a full consideration of these factors. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Answered on 3/24/11, 7:40 am