Beginner

Entity choice analysis: S-corp vs C-corp vs LLC (high-level)

Compares entity structures at a high level and produces a question list and decision framework. Useful for advisors scoping deeper tax/legal work.

Provide a high-level entity choice analysis for {business_name}.

Inputs:
- Owner profile (residency, income): {owner_profile}
- Business model and expected profits: {business_model_profits}
- Payroll/distributions expectations: {payroll_distribution_plan}
- Growth/exit plans: {growth_exit_plans}
- Jurisdictions: {jurisdictions}

Output:
1) Comparison matrix (C-corp vs S-corp vs LLC/partnership) across: tax, admin, flexibility, exit, investors.
2) Key questions to finalize recommendation.
3) Risks/limitations and when to involve legal counsel.
4) Next-step workplan (tax projections, legal docs, registrations).

Keep it general and clearly caveat jurisdiction-specific rules.

Related Prompts