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  1. #1
    Join Date
    Nov 2006
    Posts
    1

    Default Can I treat an LLC like an Inc, or do I have to change LLC to Inc.

    I have a small consulting business in CA. Currently the business is an LLC, but I am expanding to provide lab services and need to know if I need to convert to Inc. Is LLC the best choice?

    Thanks,

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Can I treat an LLC like an Inc, or do I have to change LLC to Inc.

    There are three people you need to speak to (which isn't to say that there aren't others - these are the big three) in making such a decision:
    • The lawyer who advises your business;
    • The accountant or bookkeeper who manages your taxes; and
    • Your insurance agent.

  3. #3

    Default Re: Can I treat an LLC like an Inc, or do I have to change LLC to Inc.

    THe answer depends on many things including the type of business services you perform and your model for future growth. Only a detailed review of your business practice would allow a lawyer to develop a plan for business governance.

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