KillerRabbitt
Joined 8 years ago
Karma
38
Submissions
20
Member since
Jan 24
Joined 8 years ago
1. What are the goals of the project?
2. Are there multiple people involved and do you want a formal corporate structure?
3. Does the project generate significant revenue and will there be tax implications?
4. Are you willing to deal with additional paperwork and overhead?
5. Do you want limited liability if you decide want to borrow money?
The friend stops and says, "Look, there is a $20 bill on the ground!"
The economist turns and coolly replies, "Can't be. If there was a $20 bill on the ground, somebody would have already picked it up."
That being said, I wouldn't recommend actually switching. It makes me incompatible with the rest of the world.