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[PHInventor]

Hello,

My question concerns startup company structure (S-Corp vs. LLC) in the U.S.

I am currently the sole owner of my own IP, marketing materials, manufacturing design, and supply chain development / trade secrets. To place my first supply chain orders and launch the product, I may need help beyond my own finances and available credit.  If so, I would be seeking funding from one or more high net-worth individuals, each investing $25K to $50K.

Given this situation, which structure (S-Corp or LLC) would be the preferred vehicle, and why?

Thanks.  I can provide further non-proprietary details if need be. 

[George White]

You get a useful reply on a board that has a focus closer to the domain of your question.

---George

[Kaitlin]

As George points out, this isn't really the place for that sort of advice but, frankly, IMHO looking online for it is not the way to go  -- whether here or elsewhere.

For advice on business entity form, you really need someone
-- who knows the law related to business organizations for your state;
-- who understands tax ramifications and filing requirements -- not just generally and federally, but also for your state in particular; and 
-- who understands about handling business debt and with whom you can share info about your personal life and data about your investors in confidence.

You won't get that online.

[polarbear]

As noted, its not really an IP issue.  You will find tax issues are usually the main driver.

If you know who your potential investors are you could ask them for input.