So my friend an I recently started a technology consulting company. It's based in NJ and it's an S Corporation.
We have an idea for an online sevice which is not related to the consulting business.
The service will be free at first and then if it becomes popular it will become a paid service for some users.
So now the questions I have are:
Is it better to simply launch the new business as a product of existing company or start a new company?
Any advantage of doing an LLC as opposed to S Corp?
Considering the fact that we will potentially have customers in every state (and possibly in Canada and UK) do we have to register our business with every state? I know we should definitely have a trade mark but is registration necessary in every state? Google seems to be registered everywhere so I assume it is?