Choose the right Business Entity
Choosing the correct business entity when forming your company is absolutely essential and will largely depend on the following: the number of prospective founders, the source of financing, the scope of financing, the number of shareholders (if any) the company intends to procure, questions of liability, the type of tax treatment the founders would like to be subjected to vis-à-vis the company, and many other essential considerations. There is no right answer: Only the right answer for your business.
Should I have a Co-founder?
Launching a Food Startup is particularly challenging because of the seemingly endless number of moving parts that all have to align perfectly for the startup to stay afloat. Managing vendors, manufacturers, co-packers, designers, all while keeping investors happy is truly a herculean undertaking and would be difficult for a one-man team. Of course, selecting the right co-founder is trick. Your co-founder should be just as much in love with the Food industry as you and ready to tackle the hard work neccesary to make your company a success.