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I want to start a graphic design/website internet based company and my research thus far has concluded to go with an LLC. I will most likely have one other investor involved as well. He will not be doing any of the actual work. I will be doing the work, and possibly one other friend who does audio production. Is an LLC the best route for me?
I also heard registering the company out of Delaware is the best way to go since they have the best taxes and so fourth, for small businesses. Is this true? I live in Massachusetts and dont want to deal with our taxes, but would I have to drive there for any occasions aside from a court summons if I was being sued?
Im aware I should get a lawyer, but Im 25 on a reall slim budget and Im hungry and motivated, I gotta start somewhere. Thank you!