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Nc Limited Company Form

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what is the difference between an LLC and a corporation in North Carolina and then what is this S Corp thing hey there my name is Ron Payne I'm the CEO and managing partner here of Apple pen law in Kernersville and I'm also a business owner and now today I wanted to explain to you a conversation that I have with a lot of clients when they come in they've heard they need to be an S corp or they've heard they need to be an LLC or they heard they need to incorporate and they don't know what that means so I wanted to talk for you a little bit about the differences between llc's and corporations and then as a side note I want to explain what is an S corp so the first thing is llc's are limited liability companies it's a very flexible it's the most new business entity that's been created it's been around a while now but it is the most flexible the most malleable and it allows you to change your situation

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