If you’re starting a company, you may be wondering what kind of business entity to form. Two common options for business owners (or prospective business owners) who want to create a company that serves a social purpose are the LLC and the nonprofit.
LLCs and nonprofits offer some key advantages for this kind of business. But there are also some important differences between the two business structures that you should understand before making a decision about which one is right for your company.
The Top-Rated LLC Services for Registering Your Business
If you decide to register as an LLC, we’ve already done the hard work for you! These are the best services to register your business:
ZenBusiness – Best overallIncfile – Best for entrepreneurs on a tight budgetRocket Lawyer – Best legal consultation services for LLCsLegalZoom – Most popular LLC servicesLegalNature – Best for LLC documents and contractsMyCompanyWorks – Best same-day processingSwyft Filings – Best customer service
To read our full in-depth reviews on each of these and find out which one is best for your situation, check out the full article on best LLC services here.
What Is an LLC?
When it comes to business ownership, there are a variety of different structures to choose from. For many small business owners, an LLC offers the perfect balance of liability protection and flexibility.
LLCs are designed to provide limited liability… Read More