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In an LLC, the number of shares is determined by the operating agreement, with no fixed number required. In contrast, a corporation's shares are established by the Certificate of Incorporation. Starting a corporation with 1,500 shares is common as it helps minimize annual franchise taxes and initial filing fees. However, this number can be amended later to increase authorized shares, which is particularly useful if you plan to go public with a larger number, such as ten million shares. The general advice is to operate privately before transitioning to public status.