The two structures allocate management authority differently. Factors commonly considered include the number of owners, how involved they will be in daily operations, and how decision-making authority will be allocated; state rules and the operating agreement should also be considered.

Swyft Filings offers LLC formation services in all 50 states. Its formation workflow centers on collecting the required company information, checking the proposed name, preparing the state formation document, reviewing the filing, and submitting it to the state. After approval, an LLC may still have post-formation needs such as an EIN, an operating agreement, a business bank account, licenses, and recurring state compliance filings.