What kind of company should I form?
Is an LLC better than a S-Corp?
The answers to these questions will affect your new business for most – if not all – of its life. By the way, if you pose either of those questions on Google you’ll get over 349 million results in just over half a second.
According to the internet, choosing the right way to organize your business is easy and its even easier to file the paperwork needed to formalize the company. Because it’s vital to get it right from the start, it’s anything but simple.
A successful business starts with its organization. The type of entity you choose will dictate how the company runs, is managed, how taxes are paid, how the owners are compensated, and much more.