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Old 05-20-2007, 05:20 AM
syphic syphic is offline
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Join Date: May 2004
Location: North Carolina, USA
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Re: How have you set up your company

My opinion, after talking with several accounts, is depending on the business itself. If you are not planning to make more than 50k the first year; go for a sole proprietor then change over to a LLC or C-Corp. If you plan to make more then either go for a LLC or C-Corp. I would suggest talking with at least two accountants about the benefits of an LLC and a C-Corp. It really helped me in my final choice.
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