Interested in starting a business but not quite sure how to begin?
You first might take a look at what your options are: sole proprietorship, partnership, limited partnership, limited liability company (LLC), C or S-corporation (for-profit), nonprofit corporation and cooperative.
If you are trying to decide between a LLC and a Corporation please note that an LLC often makes more sense for a small business due to its simplicity and flexibility and also because it might enable you to avoid taxes.
However if you expect to have multiple investors and/or raise money from the public, if you would like to provide fringe benefits to the owners or if you want to be able to offer stock options to some of your employees, an S or C corporation might be a better choice for your business.
In any case, issues exist pertaining to the type of entity you choose as well as tax considerations, legal requirements, filing requirements, etc.
A good place for information is the Small Business Administration (http://www.sba.gov) or Nolo Press (http://www.nolo.com), or you can see us for an initial consultation to get the information that you need to make that dream a success!