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by siquick
1701 days ago
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Don't overthink it. Don't setup a company right now, you're not one - yet. If you want to setup an entity quickly with minimum effort then a sole trader would probably be the quickest way to make things 'legitimate'. Yes make a contract, but there are dozens of sites to get a lawyer-generated contract from. Here's an example for my country: https://lawpath.com.au/ When I got my first few customers my "order form" was just a survey form (I think it was Typeform) to get the companies details, with a Stripe payment embed in it. There's a lot of good info on here: https://www.indiehackers.com/start |
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What would be the advantage of setting up something (either a company or a sole trader)?
I wanna have the least amount of work in those "administration tasks", but I'm also afraid that it can bite me in a future. Do you have an idea of when is the proper time for caring in those tasks? After 1 customer? 10? Or maybe is related to the MRR?
Right now, the system should be stable (with tested backups) and the only bad thing that comes to my mind is not being paid. I'm totally fine if it happens and will worry about only if/when happens.
Am I being naive?