4 ms·
once your app/group/whatever is incurring potential liabilities, at least form an LLC. it might not be the best corporate entity for funding, but its cheap and
by noodle 18y ago
once your app/group/whatever is incurring potential liabilities, at least form an LLC. it might not be the best corporate entity for funding, but its cheap and easy, and will prevent you from getting your pants sued off.
if you pursue funding further, you can convert. it isn't the ideal situation, but things rarely are.
- ram1024 18y agothat's a very good plan. i looked a bit into LLC and apparantly there's an extra tax i have to pay for being in texas O_o oh well i guess this is one of those things that it's best to get out of the way so you can move on with one less potential bump. thanks for the input, gents
- noodle 18y agoi'd suggest forming an LLC in delaware.