I'm starting a small business and have decided to form an S-Corp. Like many, my goal in forming an S-Corp is to avoid limitless personal liability and to take advantage of the (potential) tax advantages.
Like many startups, this business will operate at a loss for a (hopefully little) while. I intend to invest $1,000 - 2,000 in the business in order to get things started.
How do I properly document the investment? Is any documentation necessary, or can I simply write a personal check and be done with it?
As an alternative, could I simply pay for the startup expenses out of pocket until the business is off and running and file an expense report later when the business actually had money to pay out?