Corporate Structure Post: Part II

LLC, S Corp, LLP, Sole Proprietorship, C Corp -- WHAT TO DO?!?!

There are TONS of options when it comes to setting up your legal entity. I spent a lot of time on this topic back in 2014 when launching Solvegy, Inc .

This go around, we brought in some experts – an accountant, a couple of attorneys, and made the decision.  Our decision led us to forming an LLC with aS corp election for tax purposes (as our initial set up, this will likely change in 2025 — more on that in a future post).

The following post (behind the paywall — more on that below) includes probably $10k in legal, accounting, and consulting fees — ALL FOR A SMALL DONATION TO CHARITY.

THANK YOU to all those that have subscribed. Especially the ones that have called and/or texted after or before doing so. All the money is really going to charity but it means the world to me that people care about this journey enough to actually pony up real monies. And that it gives people an excuse to call / text. LOVE IT.

Quick reminder on the paywall — behind the paywall includes rich media in all posts (pics, video, etc.) as well as the full version of this post which is literally hundreds of hours of work distilled into a bite sized read. If you’ve ever thought about starting a business and wondered how to get the entity formed, this article is GOLD for you.

Or not.

You decide.

The first $5k annually will go 100% to charities of my son and daughter’s choosing. It’s literally for the kids.