What's a Startup ?

A "startup" is not a type of business formation (like Sole Proprietorship, LLC or Corporation), but rather than that it's a stage with the business's life cycle. Frequently, It refers to a newly established company, typically focused on innovation and scalability, with the goal of rapidly growing and potentially disrupting an existing market. Startups are often characterized by their early-stage operations, limited resources, and high-risk, high-reward potential. I'm Ray Hermann Angossio Liwa or RHAL to be friendly, also I'm US Federal Tax Professional and US Attorney registered - ABA MEMBER ID: 06199835 ; PTIN: P02356203 ; CTEC: A328086 ; NYTPRIN: 12807807. Founder, Owner & Chief Strategists Futurists Society.For more :⁠https://www.amazon.com/author/rayliwa⁠ ;⁠https://linktr.ee/alpharayangossio⁠ .