Incorporating Online Retail Business
JasonEls
Posts: 1subscriber
Hi all!
I`m about ready to incorporate my business-to-be and I`m wondering
about incorporating my online retail business using an online corporation
company.
My business will see sales nearly entirely from outside my state (New
York). I know it isn`t ideal but it`s where I must live until I can afford to
leave and move, either to Vermont or Canada, until I`m rich enough from
my enterprise to be able to buy a townhouse off Fifth Avenue.
I`ve thought to incorporate in Delaware but I`m concerned that it`s fairly
pointless seeing as I won`t be able to leave New York for a while unless
this thing takes off beyond my wildest expectations.
My lawyer and acccountant friends suggested just doing a Delaware LLC
through a good online firm for now and if things get big then I could
always sell this company to another one domiciled in another state (or
even country). As I`m bootstrapping this thing for now, it seems to make
sense.
Any thoughts or suggestions or questions are greatly appreciated!
Thank you!JasonEls2007-1-22 18:12:42
I`m about ready to incorporate my business-to-be and I`m wondering
about incorporating my online retail business using an online corporation
company.
My business will see sales nearly entirely from outside my state (New
York). I know it isn`t ideal but it`s where I must live until I can afford to
leave and move, either to Vermont or Canada, until I`m rich enough from
my enterprise to be able to buy a townhouse off Fifth Avenue.
I`ve thought to incorporate in Delaware but I`m concerned that it`s fairly
pointless seeing as I won`t be able to leave New York for a while unless
this thing takes off beyond my wildest expectations.
My lawyer and acccountant friends suggested just doing a Delaware LLC
through a good online firm for now and if things get big then I could
always sell this company to another one domiciled in another state (or
even country). As I`m bootstrapping this thing for now, it seems to make
sense.
Any thoughts or suggestions or questions are greatly appreciated!
Thank you!JasonEls2007-1-22 18:12:42
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