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Structuring a business that creates and owns web services

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livetrue

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Hi everyone,

I'm a newbie entrepreneur and I'm looking for advice on how to structure a business that creates and owns web services. I'm a one man operation, so ideally the approach would be simple and yet would allow the services to scale in size.

Should I register a single business (e.g. ACME Inc.) that owns web services ABC and XYZ? In this case ACME Inc. would be a holding company of sorts, kind of like how Alphabet Inc owns Google and Youtube.

Or should I register each web services as its own business (e.g. ABC Inc., XYZ Inc.)?
Or ...?

Thank you in advance!

p.s. If it helps, I'm based in Canada.
 

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livetrue

livetrue

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No responses, however, I think I got my answer from looking at what other companies have done previously.

It seems that Twitter, when it was originally conceived and prototyped, it actually was part of a company called Obvious Corp. back in 2001. Eventually, as Twitter became popular and started seeking investments, it morphed into its own company Twitter, Inc.

I will do the same (i.e. Option 1): Register a single business that owns web services, and spin them or break them off as the opportunity presents itself.
 

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JScott

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You don't necessarily need a separate business entity for each web service you create/provide. Consider that Twitter (and every other web services company) has hundreds of web services bundled into their application(s).

Your business entity decisions should be based upon your business model, not your technology stack.
 

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