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20021013 Sunday October 13, 2002

Starting your own business. A List Apart, Issue No. 152, has an article explaining business entity options. If you're thinking about starting your own business, this is a good read. My advice, get a good accountant - they'll make your life much easier. Raible Designs started as an LLC in 1999 and became an S Corporation last year. It was easy to be an LLC without anyone's help; I paid my own taxes, did my own state registration, and handled my own finances. But when I upgraded to an S Corp., my accountant made my life much easier by doing my payroll, quarterly taxes, unemployment insurance, etc. I definitely recommend starting your own business if you can - just remember the most important things are 1) to get customers and 2) keep them happy. Posted in General at Oct 13 2002, 12:27:53 PM MDT 2 Comments

Comments:

Hey Matt - how did you switch from an llc to an scorp? I am going to talk to our lawyers - but I wanted to be well informed. I know you can elect to be scorp status or you can disolve the llc and create an scorp. Which path did you follow?

Posted by John Mark Suhy on February 28, 2006 at 01:19 PM MST #

It's been awhile - but I believe I did the first option. Although my LLC is not around anymore, so it could've been #2 as well.

Posted by Matt Raible on February 28, 2006 at 01:26 PM MST #

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Matt Raible is the Lead UI Architect at LinkedIn. The opinions on this site are mine, not my employers.
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