Stage One
Start
You have the idea. Now build the foundation.
For new owners who need the right entity, accounts, tools, documents, and first 90-day plan.
Challenges
Common challenges
Solutions
What you get
Checklist
First 90 Days
Choose business structure (LLC, S-Corp, C-Corp)
Critical step
Select state of incorporation
Critical step
Reserve business name
File formation documents
Critical step
Obtain EIN from IRS
Critical step
Create operating agreement (LLC) or bylaws (Corp)
Critical step
Entity Types
Choosing your
entity type
LLC
Best for: Most small businesses, real estate, consulting
Advantages
- Pass-through taxation
- Liability protection
- Flexible management
- Simple compliance
Considerations
- Self-employment tax on all profits
- Varies by state
S-Corporation
Best for: Profitable businesses with payroll capacity
Advantages
- Pass-through taxation
- Salary/distribution split saves taxes
- Liability protection
- Established credibility
Considerations
- Payroll required
- More compliance
- Ownership restrictions
C-Corporation
Best for: High-growth, investor-backed, or planning IPO
Advantages
- Unlimited shareholders
- Attractive to investors
- Fringe benefits deductible
- No self-employment tax
Considerations
- Double taxation potential
- Complex compliance
- Expensive to maintain
Ready to start your business
the right way?
Get a personalized setup plan with recommended tools, services, and next steps for your specific business.