Forming a 3 person LLCLocked
I would like to know what your experiences are with going from a solo computer consultant to a 2 or 3 person LLC. I am about to do just that and need some real world experiences to help guide me mostly in the Operating Agreement. Did an LLC work good for you? Should you have formed an S Corp instead? My plan is to build the company over the next 5 to 7 years and then (hopefully) sell it (for a profit of course!). We (3 computer consultants) will have over 35 years of combined IT experience and are successful at it now but find it hard to grow being solo (not enough time to do it all). We thought combining our time, talents, client lists and splitting certain expenses could really help to build a profitable company. Thanks for any input!