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Forums » Selecting a Business for Yourself

Legal Structures for Start-ups

  • July 29, 2014 10:47 PM EDT
    For recent start-ups, what business structure have you selected and what was the reasoning. Same question for potential start-ups.

    The business I started was a sole proprietorship mainly due to the ease of forming the business. I only need to file my DBA with the secretary of state to begin doing business. I provide professional services didn't require any additional permits.

    http://www.businessstructurehq.com
    This post was edited by businessstructureshq at July 29, 2014 10:48 PM EDT
    • 1 posts
    July 31, 2014 2:36 PM EDT
    I would say it really depends on the type of business as well as where you'er located. Here's a good Quora post that explains it:

    http://www.quora.com/Startup-Law-1/What-is-the-right-type-of-business-structure-for-a-complex-business-type

    If you still need help I always say the best way to go about this process is speaking to an experienced startup lawyer. You can check out http://www.lawtrades.com to find some awesome startup lawyers who can give you a free consultation.
  • August 1, 2014 7:28 AM EDT
    Aman1121

    Not sure that link really helps the conversation regarding start-ups in general. The article title refers to a complex business type. Location really plays not part in your selection. I would advise a business owner to weight each option and to understand what company structure is a good fit. Thanks for the response and I'll have to check out law trades.

    http://www.businessstructurehq.com/how-to-select-a-business-structure/
    This post was edited by businessstructureshq at August 1, 2014 7:29 AM EDT
    • 18 posts
    December 4, 2014 2:15 AM EST
    For me before I start my business I followed the latest tax news in my county so I can track what are the latest tax update, because building a business without planning about taxes will end in a bankrupt.

    By the way the site i used is the http://www.offshorenewsflash.com/ they have the latest tax news in many countries.
    This post was edited by edward222 at December 4, 2014 2:18 AM EST