The pros to not incorporating are to save money and hassle. Especially if you're bootstrapping an idea you're not sure of and you don't have a lot of cash. If

The pros to not incorporating are to save money and hassle. Especially if you're bootstrapping an idea you're not sure of and you don't have a lot of cash. If you have no income or don't expect to have income for a while and your liability chances are low then its worth considering not incorporating. You can always use your first bit of income to incorporate 6 months down the road. I think people underestimate the amount of money needed to incorporate properly. Yeah, you can do it for $500, even less in some states, you just need to file a form. But what your LCC or corp agreement says actually does matter and it pays to do it right if you're going to do it at all.