I came across a very lucrative business opportunity and I am planning on taking it up. I need to know how to go about this venture because the person is going to create the software and then I'll be marketing it to the public. My questions: Do I set a LLC or a C Corp? If I set it up, how would we title ourselves and pay ourselves? When setting up the business, do I fund the bank account or do we both? Several questions but I know there are a lot of JV's going on but wondering the best way to set it up so we are both secure and getting our fair share.