When should we bother incorporating?
cjoh: The cost for registering your business isn't too significant and you can do it online at something like bizfilings.com. Setting up the business isn't particularly the difficult task. When you set up an LLC (which is probably what you want to do), you need to draft an operating agreement that goes alongside your filing that defines how you will work with your members or shareholders. That's the expensive part that you'll need a lawyer for.Most small companies end up being an LLC or an S-corp. Both have about the same tax advantages (pass through income to the members, so you're basically getting taxed once, not twice).Before bringing your service to market, it is advisable to incorporate, so you can at least make clear, at the start, the real terms of your relationship with the rest of your group. That's something you really can't do on your own, and you're going to need a lawyer to help you think through, especially if you expect revenue to come soon.