Launching a Technology company? Things you need to know if you are launching your own Technology Company.
a) Company entity type
Software development companies are most likely to acquire or be acquired, get an investor on board or sell equity to find the right leadership team. Forming a Limited Liability company is easier to manage is ambitions are for big. The choice of entity is vital for the company’s growth as a change later could have serious tax implications on the company and affect how it’s perceived by investors, staff and customers.