Which Entity is Right for Your Entertainment Media Business: LLC or S Corporation?

Learn the Difference Between LLCs and S Corporations

Choose your entertainment media business entity carefully.

Note: Before taking the plunge with your business, make sure you consult with a certified accountant and/or legal counsel for legal and financial details behind starting a company.

Most new entertainment media entrepreneurs opt to make their businesses LLCs or S Corporations because of the tax advantages associated with both options. However, you can only choose one. Which will it be?

Inc.’s article lists the similarities and differences of LLCs and S Corps beautifully, including the pros and cons of both – and I’m sharing them with you here.

Entertainment Lawyer Cassi Willard Shares 6 Key Tips for Optimizing Creativity and Business

In case you’re wondering if you’ve heard or read these tips before, you probably have. The crux here is who they’re coming from.

An entertainment lawyer.

Cassandra E.Willard, Esq., known by her students and colleagues as Cassi, shoulders years of experience in intellectual property (IP) law; cyber law; hospitality law; and entertainment, art and sports law (EASL).

In fact, she’s the current Chair-Elect (read: VP) of the EASL Section of the Florida Bar.

Translation: expert.

I had the honor of receiving Willard’s instruction in her Advanced Entertainment Law (AEL) course while completing my Entertainment Business, M.S. degree at Full Sail University, so I recently met with her to learn her success tips.

And she was happy to chat.