Business Entities & Financial Planning
Learn about setting up a legal entity for your indie business, managing finances, and understanding basic tax implications.
Why Business Entities Matter
As an indie hacker, your app isn't just a project; it's a business! Setting up the right legal structure, called a business entity, is a crucial early step.
It impacts your personal liability, how you pay taxes, and how you can grow. Let's explore the common options and basic financial planning.
Simplest: Sole Proprietorship
A Sole Proprietorship is the easiest business entity to start. You and your business are legally the same entity.
- Pros: Easy to set up, minimal paperwork, direct control.
- Cons: No personal liability protection (your personal assets are at risk), harder to get funding.
It's often the default if you don't register anything specific.
All lessons in this course
- Privacy Policies & Terms of Service
- App Store Compliance & Guidelines
- Business Entities & Financial Planning
- Taxes, Bookkeeping, and Managing App Revenue