Is a restaurant an LLC or corporation?

Can a restaurant be an LLC? Yes, a business owner of a restaurant may elect to form an LLC. In fact, both an LLC and a sole proprietorship can be a rewarding business structure for a restaurant owner to choose. Although there are many similarities between the two entity types, there are also many differences.

Who owns SiteCompli?

SiteCompli founders Jason Griffith and Ross Goldenberg will remain co-CEOs of the company.

What do you need to know about sitecompli NYC?

The widest breadth of hard-to-get, offline agency data and analytics from the FDNY, DOB, HPD, DOHMH, Sanitation, County Clerk, DOT, and more. Reduce risk by making sure your team prevents (and responds to) violations the right way.

What’s the difference between a LLC and a S corporation?

An LLC is a limited liability company, which is a type of legal entity that can be used when forming a business. An LLC offers a more formal business structure than a sole proprietorship or partnership. While LLCs and S corporations two terms are often discussed side-by-side, they actually refer to different aspects of a business.

What does incheck by sitecompli do for You?

InCheck by SiteCompli powers the work your team does at every building across your portfolio – from inspections and maintenance to capital projects and more – ensuring consistency, maintaining compliance, and minimizing risk throughout your organization. “SiteCompli is just taking on so much of what we used to do, and doing it better.”

Can a C corporation own stock in a S corporation?

C corporations, however, are not allowed to own stock in S corporations. The IRS is more restrictive regarding ownership for S corporations than for LLCs. There are significant legal differences in terms of formal operational requirements, with S corporations being much more rigidly structured.