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California People - LLC vs. C-Corp starting out

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Posts: 1
(@mohammed-dakhil)
Topic starter
(@mohammed-dakhil)
New Member
Joined: 1 month ago

Hi there!

 

I am starting my amazon FBA business soon, with the intent of selling it within 5-6 years. 

 

Should I start an LLC, and then convert it to a C-Corp next year, once I have a better sense if my product will be successful?

 

Or should I start a C-Corp on day 1? 

 

I want to take advantage of the QSBS exemption when I sell. 

 

What is everyone else doing? LLC? 

 

Thank you!

1 Reply
Bradley Sutton
Posts: 130
(@bradley-sutton)
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(@bradley-sutton)
Member
Joined: 2 years ago

I think you should stick with one from day one.  Also depends though on long term goals, state you live in, your tax considerations, etc. 

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