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Inside Entrepreneurship: Is an LLC the right structure for a new business?

November 18, 2005 /

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Q: I saw your column on forming partnerships with friends. What are the advantages of forming an LLC company versus an incorporated company? I’m going into a sideline business with a friend. Each owns 50 percent of the company. If our idea clicks, the business could generate $1 million plus recurring royalties. Which is better for us?

— Janine D. Los Angeles

By SUSAN SCHRETER
SPECIAL TO THE POST-INTELLIGENCER

Full Response: http://seattlepi.nwsource.com/business/248821_schreter18.html

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