Ask HN: Entity and state for scaling lifestyle business

1 points by OafTobark ↗ HN
I've previously done a startup with the whole Delaware C Corp scenario but for the current stuff I'm working on, I have no intentions of raising outside capital, no intention of selling (although maybe it could happen), and certainly not going IPO. It's basically a pure lifestyle business. Web/Mobile base.

Pretty much almost like a startup but really just personal projects that produce cashflow. I am curious if anyone else has gone down this route and where/what is the recommended state/structure.

I'm sure some people here will suggest doing it in my home state but like the startup scenario, I'm left to wonder if its better to do it in Delaware, Nevada, or elsewhere with a foreign setup (if necessary) in the home state. And would LLC or S Corp be better.

Since I have no plans on raising capital or doing anything like that, I have no plans to convert this structure either if that makes any difference.

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