Make sure you think long and hard about the right organization for your business. The C-Corporation structure is known to be the best for startups if you’re looking to raise capital. On the other hand, an LLC is the perfect choice if you want to cut costs and do it yourself. You can also check out our LLC service reviews to help you decide which one can help you get everything set up smoothly.
That being said, if you’re looking to raise money, a C-Corporation structure will give you more benefits than an LLC, but it will require additional paperwork and compliance, which will increase your costs. For both entities, you’ll need to hire a Registered Agent. Like Registered Agent Northwest , and if you’re looking for resources, Financepond has selected the best Registered Agent services.
Forming a legal entity can be confusing, and if you need help with this, you can always talk to a local CPA or business attorney.
#3 Set up an MVP
Now that you’ve validated your idea and you have the right legal entity, it’s time to get serious about building an MVP .
