Quote:
Originally Posted by Barry-xlovecam
If in the United States incorporate as a "C" corporation if you intend to seek VC financing -- venture capitalists requite this as it is needed for IPO offerings.
Apart from that, can you realistically be self-sustaining in six months?
Sounds like optimistic thinking to me for a new business idea surviving. |
I think that if he has a good idea for a business he shouldn't risk to lose it. If he waits too much and a company come out with the same idea then is crap!
A lot of great companies started in this way: with good idea and no funds. But this is just if he thinks his idea is good and if he trusts on it a lot.