I have been thinking lately of what kind of business structure might be the best to set up a business for long term success. I am looking at starting up a business so finding the right structure is important at this juncture.
I know that a sole proprietorship is out of the question. It just doesn’t have the flexibility I need in a business. I am stuck between a corporation and an LLC. I think both are the same at the starting out phase, but what happens further down the line? Could I run out of scalability if I went with an LLC? These are things I am really pondering lately.
