Cowan: 7 Factors about Incorporating
A corporation or a partnership?
That’s a question facing a lot of founding teams early in their startup life, and it keeps coming up until they finally decide to incorporate.
As with so many business decisions, the correct answer depends on your circumstances. So the best advice I can give is to make sure you’ve considered all these factors before you act:
- Do you need incorporation to receive non-dilutive funds? Some funding organizations will only allot grants, loans or other contributions to corporations and not partnerships. And in the early stages, non-dilutive financing can be