
LLC vs. C-Corp vs. Nonprofit: Which U.S. Business Structure Is Right for You?
Most comparisons treat S-Corp as a third entity type. It is not. Here is the two-level decision that actually determines your structure.
Clear rules for general and limited partners, their capital and profits.
Your agreement
$59paid once
One free update in the first year.

A partnership agreement sets the terms between the partners of a limited partnership, where some partners run the business and others simply invest. Your agreement makes that line clear, with what each partner puts in, what each one takes out and who has the final say.
Standard covers the basics. Customized protects what you build together.
| What you get | ||
|---|---|---|
| Drafted for your state | Included | Included |
| One-page summary | Included | Included |
| Attorney approved templates | Included | Included |
| Individual attorney review | Not included | Included |
| One-on-one consultation | Not included | Included |
| Custom profit allocation | Not included | Included |
| Capital contribution rules | Not included | Included |
| Buy-sell provisions | Not included | Included |
| Get customized |
Four reasons to have it in writing.
Many U.S. banks ask for it when you open your business account.
It confirms which partners have limited liability, which helps protect their personal assets.
It shows who manages the business and who only invests.
New limited partners expect clear terms before they invest.
Answer a few questions. We handle the rest.
Start your agreementAgreement type
The Blugency Promise, three commitments with every agreement.
Every partner, investment and date matches your company records.
If your situation needs more than an agreement, we tell you plainly.
Your signed agreement is saved in your dashboard, ready whenever a bank asks.
Yes, we recommend it. It sets each partner's role and share before any question comes up, and banks often ask for it.
A general partner runs the business and is personally responsible. A limited partner invests and is protected up to their investment.
Standard covers your partners, investments and profit shares. Customized adds your own rules, like capital contribution rules or buyout terms, with a consultation and a review by a licensed U.S. attorney.
Standard is $59 and customized is $79, paid once. It works for new and existing partnerships.
Every agreement uses language approved by a licensed U.S. attorney. With customized, the attorney also reviews your agreement personally.
You keep it with your partnership records. States do not ask you to file it.
We update your agreement to match. Your first update in the first year is free, and later updates are $49 each.
LLCs use an operating agreement instead.
Blugency is not a law firm. If your situation needs full legal advice, we will tell you.
What else your company needs, all in one dashboard.
When you are ready to open the account
The documents, the preparation and the guidance, so your application is complete when you apply.
EIN
Filed for you, with or without an SSN. Payroll providers and marketplaces ask for it too.
When legal mail needs a U.S. address
A U.S. address that receives state and legal mail in every state, scanned to your dashboard.
Guides written from real filings, for founders setting up their partnership.
Your partnership's rulebook, ready to sign.