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Formed a Florida S-Corp for my side project about 5 months ago (Single member LLCs in Florida don't provide as much liability protection as they do in the rest
by jcadam 9y ago
Formed a Florida S-Corp for my side project about 5 months ago (Single member LLCs in Florida don't provide as much liability protection as they do in the rest of the country).
Started accepting sign-ups about 5 days ago. Have had 2 trial sign-ups, $0 revenue so far
Maybe I should advertise? :D
- crisopolis 9y agoYeah, Florida SMLLC's aren't like other SMLLC's. Creditors don't have to give charging orders and single member's assets are up for grabs. I'll probably also end up becoming a Florida S-Corp.
- toomuchtodo 9y agoRough cost to S Corp incorporate in FL?
- jcadam 9y agoThe initial filing fee isn't bad: ~$80 or so. Annual reports come with a fee of $150 though.
- toomuchtodo 9y agoThank you!
- encoderer 9y agoWork on organic channels and improve the product. Probably it’s not very good right now, it’s hard to do things without customer feedback. Probably paying for customers now will be expensive. Assuming it’s saas even good projects can be expensive to advertise due to long payback period. Also ad channels get saturated easily in saas in my experience. Start today building your organic channels and get the compound growth started.