Hire a good accountant to take care of all your book keeping the first year
or two.  What I have found is they usually pay for themselves by finding tax
breaks that are new/changed that apply to you.  In my case I am a sole
proprietor and my wife is the only employee.  We were able to sign up for a
program that allows me to offer my only employee full health coverage and
then I am on her plan instead of having my own.

Don't forget you can deduct things like mileage to clients, a portion of all
house utilities (if you work from home), charge yourself rent, hire your
kids to empty the trash, etc.  Lots of legal ways to keep more of your money
from the govt.

Aaron Bartell
www.MowYourLawn.com/blog
www.OpenRPGUI.com
www.SoftwareSavesLives.com



On Thu, Aug 4, 2011 at 7:39 PM, mike s <[email protected]> wrote:

> Hello all,
>
> I am in the process of starting an app business. I was hoping this
> community would share a little bit about how they established their
> business, specifically how its structured (e.g sole proprietorship, LLP or
> LLC etc.). It's probably worth mentioning that I will be working with a
> partner. I want to get it established as best as possible before I start
> investing my own money into equipment. I already plan on speaking to a
> business lawyer, but I am interested to know what developers are using so
> that I have a better idea of what business model works in general.
>
> Appreciate the feedback.
>
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