Starting a business is hard. You've got great ideas on what you want to do, but you may not know how to establish the business and how that decision can impact the business, any partners or investors, and you. We'll help you navigate the formation of your business and well beyond.
You are the business. You will likely conducting business under a different name.
You and at least one other peron own the company. There are several options in partnership types, but this is a very flexable structure with multiple owners.
LLCs can be single-member or mult-member LLCs. The members are the owners. LLCs can provide additional protection that may not exist in a sole proprietorship or certain partnerships.
An S-Corp is a corporation with pass-through earnings and losses to shareholders. There are many requirements and restrictions with S-Corps, but does not have the drawback of the double taxation found in a C-Corporation.
If you're looking to raise capital by selling shares to the public, a C-Corporation is what you're looking for. Large businesses tend to be C-Corps. However, the administrative cost can also be significant.