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Thread: Business Form
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07-06-2001, 11:24 PM #1Disabled
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Business Form
Hello,
What business type do most small hosters choose when forming the business. LLC, S Corp, C Corp, other and what made you pick the one you did.
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07-07-2001, 03:25 AM #2Web Hosting Master
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I think the most common form of business is a LLC... there was a discussion on this earlier.. could you please do a search for it by clicking here
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07-07-2001, 06:54 AM #3Web Hosting Master
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Originally posted by kunal
could you please do a search for it by clicking here
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07-07-2001, 07:10 AM #4Web Hosting Master
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Originally posted by Walter
Hehe, maybe everytime you enter the url of WHT there should automatically start a Wizard like the ones in MS officeThe Php Support Desk
http://www.phpsupportdesk.com
Custom programming - kunal @ e-phoria.com
http://www.pingzine.com - Ping!Zine. the FREE, FRESH and EXCITING Web Hosting Magazine...
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07-07-2001, 05:40 PM #5A#* Duke Of New York
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Got a laywer? I just contacted mine and he did all of it for me. He should also beable to tell you the best one.
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07-16-2001, 05:01 PM #6Web Hosting Guru
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We're an S Corp.
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07-16-2001, 05:34 PM #7Aspiring Evangelist
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Here in Canada we don't have LLC. I registered a sole ownership company, it cost me $32 cnd (about $20 USD) and opened a commercial bank account. Don't have to charge taxes before i earn a gross $30,000 cdn..have to pay taxes myself though (the smile don't means i LIKE to pay taxes )
Eric Desroches - eric@american-hosting.net
American Hosting for Quality Shared Web Hosting and Custom Reseller Solutions
http://www.american-hosting.net/
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07-16-2001, 09:02 PM #8Web Hosting Master
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Originally posted by Walter
Hehe, maybe everytime you enter the url of WHT there should automatically start a Wizard like the ones in MS office
Thread question:
As a small biz, you'd probably want either LLC or S Corp. though maybe even DBA just to start off. DBA doesn't offer the liability protection that LLC/S Corp. does, but it is easier to deal with in terms of start up and taxes, etc. I'd consult a CPA and discuss it, generally worth the price (to save you from making a mistake later).