It is well worth your time to know the basic differences between an S-Corp and LLC before you ask a licensed professional for a recommendation. Surprisingly there are many across the country that miss the mark and give truly damaging advice that costs small business owners thousands of dollars.

Here are five of the major factors that the lawyers typically consider when making a recommendation of an S Corp to clients.

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group

Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222

Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group

If you operate your business under the umbrella of a legal business entity, you need to keep procedural safeguards in place, such as keeping a Registered Agent on board and Corporate Records up to date at all times, so as to avoid any threat to the Corporate/LLC shell.

Learn how the substance of your business operation is guided by necessary procedural guidelines and safeguards in this episode of the Bottled Business Sense Show.

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group

Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222

Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group

There are more and more cases of where the Limited Liability Company (LLC) is “pierced” in a lawsuit and the owner’s personal assets are grabbed by a plaintiff. The reason why…owners are not doing their annual maintenance.

Now it doesn’t have to be expensive and it can actually be easy.  However, it needs to be done and you can learn how on our next show.

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group

Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222

Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.

WFB LEGAL CONSULTING–LAWYER FOR BUSINESS–A BEST ASSET PROTECTION Services Group


 

If you have incorporated a business as an S Corporation or a C Corporation, most states require that you keep careful records of the company’s activities on a yearly basis. Even LLC’s should properly plan and execute all business compliance rules inherit in corporate practice, in order to insure personal liability protection. Learn more from Bill and Rick in this show.

http://www.wfblegalconsulting.com/bottled-business-sense-show/

Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222

A BEST ASSET PROTECTION Services Group–Lawyer for Business

http://wfblegalconsulting.com/bottled-business-sense/

A primary benefit of LLCs is that they insulate the property owner from personal liability in the instance of slip-and-falls and other negligence claims. But could the LLC still be subject to a claim and how so? What about creditors and tax deferability? Also, how does the LLC affect title transferability? Find out on the next Bottled Business Sense Show.

Bottled Business Sense Show

Bill Bernard – WFBLegalConsulting.com

BEST ASSET PROTECTION LAWYER FOR BUSINESS
bill@wfblegalconsulting.com
949.698.6222

Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.


Managing relationships between owners of a small business can be quite trying at times. In cases of severe disagreement or incompatibility within a limited liability company, firing one or more owners, referred to as members, may be an option. However, generally an LLC may only fire a member when the operating agreement allows it, and if the owner is compensated for his share of the business.

Learn the details on this week’s show.

Bottled Business Sense Show

Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222

Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.


A California limited liability company (LLC), sometimes called a limited liability corporation, is a hybrid of the Partnership and Corporation. The LLC, if properly formed and maintained, offers its members personal liability protection (like a corporation) and pass-through tax treatment (like a partnership). California offers three types of LLCs and therefore, I get many frequently asked questions about their structure and advantages and requirements. Learn more this Tuesday on our next Bottled Business Sense Show at 10am PST. https://lnkd.in/bWE4j_D

Bill Bernard – WFBLegalConsulting.com
bill@wfblegalconsulting.com
949.698.6222

Rick Moscoso – Captivate365.com
rick@captivate365.com
949.667.1182

The Bottled Business Sense Show provides practical business perspectives that uniquely emphasize both legal and media marketing strategies that protect and insure the longevity of your business.