There are a handful of LLC partnership or corporation differences that you should consider if you are looking in to establish your business as a limited liability company. The title will define your company as a legal body that is bound by law in several ways. Individuals who run the company will not have to be held accountable in cases of liability. You may hear the terms LLC and corporation tied to businesses. The main difference is the size of the company. LLCs are typically reserved for small operations that are run by a single person or a small group of people. Corporations are large companies that have a much larger client base. It is much easier to run an LLC, as opposed to a corporation, since a corporation must handle more complex regulations and jump through more hoops when it comes to taxes. Since an LLC is a legal title, businesses must include this suffix to the end of their company documents. This includes letterheads, emails and checks.