Business Entity Selection

There are many business structures and business entity types and states for said entities to reside. Permutations of all of them create a daunting paradox of choice. Let me make it easy for you

If you want to raise money: you’re going to want a Delaware-based C-Corp. It’s often the only choice, and it’s pretty much always an acceptable choice.

It’s that easy. At least, for the entity choice itself. The C-Corp will get a lot more complex, but those are problems to come throughout fundraising and ideally all the way to IPO.

If you’re planning to bootstrap, write off losses personally, and not raise money: it’s probably best to leverage a local partnership or S-Corp. It’s definitely best to talk to your legal and financial advisors to ensure you do this correctly.