What is Corporation(Inc.)

When you form a corporation, you business becomes “incorporated”. You’ve probably seen business names with an Inc. at the end…well that’s a business that’s been structured as a corporation. In the same way you’ve probably seen a company with an LLC after it’s name. So, in reality, your choice is really LLC vs. Inc…incorporated vs LLC. We already explained what LLC means (and the benefits that go along with it), but what does Inc mean and what are its benefits?