Startup Professionals Musings

JUNE 13, 2016

For comparison, I was able to set up a simple for-profit Limited Liability Company (LLC) in a month for less than $100. Obviously all founders wants to minimize their taxes, yet the initial setup for non-profits is bureaucratic, takes up to two years of time, and costs thousands. Retaining a qualified team is challenging.

Limited Liability Company 120

Limited Liability Company Entrepreneur Software Review LLC 120

Startup Professionals Musings

FEBRUARY 8, 2019

The primary business entity options include a sole proprietorship, Limited Liability Company (LLC), or a Corporation (B-Corp, C-Corp, or S-Corp). To avoid the tax implications of co-mingling personal and business funds and assets, create your business entity before you hire anyone or spend money building the product.

LLC 210

LLC Limited Liability Company Cofounder Preferred Stock 210

Startup Professionals Musings

MARCH 11, 2013

The alternatives include a sole proprietorship, LLC (Limited Liability Company), S-Corp (Subchapter-S Corporation), or C-Corp (US Corporation). Don’t wait for that first investor, the first prototype, or that first lawsuit. Incorporate your startup after the business plan, but before you spend a dollar on product development.

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LLC Nevada Delaware Limited Liability Company 234

Startup Professionals Musings

FEBRUARY 1, 2016

It’s very easy and inexpensive to set up online a Limited Liability Company (LLC) for the startup, which will allow you to track business costs, cash and taxes correctly -- no matter what happens. Liability for initial setbacks or lawsuits needs to business versus personal.

Intellectual Property 120

Intellectual Property LLC Limited Liability Company Nevada 120