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I think there was an underlying theme that this post was about a progression in time. At the beginning, its all about ideas, no companies (you shouldn't need la
by lbearl 12y ago
I think there was an underlying theme that this post was about a progression in time. At the beginning, its all about ideas, no companies (you shouldn't need lawyers and accountants for a small project). Later on its a Sub-chapter C corp, with all of the associated lawyers and accountants.
- CamperBob2 12y agoBut the text that I quoted has absolutely no hint of that. It's ridiculous advice, unless you just enjoy paying your taxes twice. Start with a cheap, simple LLC, then sell the business to a newly-formed sub-S or -C corp when you need to seek outside funding.