Ask HN: At what point is it best to create a business entity?

Re:Ask HN: At what point is it best to create a business ent... by patio11 on Sunday August 14, 2011 @10:22PM (#2885165)

You want to take investment, you want to invoice a megacorps, you want to employ someone, you operate in a business with substantial risk, or you are told to by your lawyer or accountant.

Five years later I'm still a sole proprietorship with a DBA. Aside from making certain declarations to Immigration excessively complicated, there's no major downside to it for me. (You can put pretty much whatever you please on a business card.)

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Re:Ask HN: At what point is it best to create a business ent... by aebit on Monday August 15, 2011 @06:51PM (#2889045)

Thank you for the personal perspective. I make the assumption that by sole proprietor you have it structured as an LLC? This seems by my research to be the best general way to create a simple business entity.

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