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Off The Water
Watering Hole
Opening your own business?
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<blockquote data-quote="ben2go" data-source="post: 57709" data-attributes="member: 751"><p>I used to own my own business.I was in the auto and boat upholstery line.The reason I give it up was my kids.I needed steady income.I couldn't go a month or two without money while I completely redone a couple boats or vehicles.The best advice I can give is to find a local privately owned tax office,not HR Block or those types,and talk to them about your plans.My tax preparer filed for my business license for me and set me up.I had a Limited Liability Company AKA LLC.This gave me protection as a company but also allowed me to claim all the profits.Another place to start is a tax attorney or a business law attorney.Be ware these guys charge as soon as you open the door,and become very expensive quick.</p></blockquote><p></p>
[QUOTE="ben2go, post: 57709, member: 751"] I used to own my own business.I was in the auto and boat upholstery line.The reason I give it up was my kids.I needed steady income.I couldn't go a month or two without money while I completely redone a couple boats or vehicles.The best advice I can give is to find a local privately owned tax office,not HR Block or those types,and talk to them about your plans.My tax preparer filed for my business license for me and set me up.I had a Limited Liability Company AKA LLC.This gave me protection as a company but also allowed me to claim all the profits.Another place to start is a tax attorney or a business law attorney.Be ware these guys charge as soon as you open the door,and become very expensive quick. [/QUOTE]
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Opening your own business?
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