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Ask HN: What business structure did you pick?

2 pointsby ptrhvnsabout 2 years ago
If you're an individual or a small company, what business structure (e.g. sole proprietorship, LLC, etc.) did you pick when you created your business and why?

1 comment

surprisetalkabout 2 years ago
I started my tech conference as a California LLC. I chose an LLC because it was the simplest option that allowed me to get all the proper permits&#x2F;licenses and tax benefits. I used LegalZoom for this, which was easy, but I hated how much they tried to upsell me for every little thing.<p>[1] <a href="https:&#x2F;&#x2F;outland.sh" rel="nofollow">https:&#x2F;&#x2F;outland.sh</a><p>My stealth startup is a Delaware corp because it’s the simplest option that allows me to distribute equity. I used Clerky for this, but I hear that Stripe Atlas is also good.<p>In general, stick with a sole proprietorship until you are blocked by licenses&#x2F;permits&#x2F;funding&#x2F;etc or insanely profitable.