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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

One of the first actions you will take with your startup is to organize your company a separate legal entity to protect yourself from personal liability for the company’s debts. In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”).

LLC 100
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Intellectual Property 101

Up and Running

Initially, many startup businesses focus on creation and inception tasks: forming an entity, reserving a domain name, signing up for online accounting services or hiring an accountant, and, in some cases, consulting with a business lawyer. Many technology startups are aware of IP issues, but focus on patents.