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Duffy & Feemster

A corporation and an LLC are the same, right?

No. An LLC is a relatively new entity. The letters stand for limited liability company. It is in some ways the same as a corporation but in other ways, it is more like a partnership. For smaller businesses, this may be a good choice. Again, it is best to consult with an attorney about the creation of a business entity and which entity is best for you.

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