Dan Hanlon has written a book that chronicles his adventures as he raised a boat load of money to start up Excelsior-Henderson Motorcycles, built a manufacturing facility, but never made it to commercialization.
Start-up: November 2003 Archives
Continue reading A good read about a rocky ride.
I have always been a strong advocate of using S-corps for start-ups. Even with the advent of the LLC, I still usually favor the more simple S-Corp. There is so much more case law with the C-corp, and I never want to see my friends names end up in IRS cases! I almost never recommend starting with a C-corp, unless a quick public offering is planned. This article offers additional support for my bias.








