One thing to keep in mind of a LLC is that the annual franchise fee is not limited to $800. If you start to make money, you will need to pay a fee calculated b

One thing to keep in mind of a LLC is that the annual franchise fee is not limited to $800. If you start to make money, you will need to pay a fee calculated based on the "gross" revenue, not "net" revenue (which is sales minus expenses). Also, you will need to pay self-employment tax on any money leftover. I summarize some of the tradeoffs in the following ... http://www.lovemytool.com/blog/2008/01/bootstrapping.html http://www.lovemytool.com/blog/2008/01/bootstrapping.html