Jump to content
  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

establishing a small business - incorporate it or roll with an LLC?


PhillyB

Recommended Posts

So this is a complex topic because it's nebulous in a lot of ways. I can't be overly specific here because I'm still forming ideas, but the nuts and bolts is that a month and a half after getting fired from my job i've hit a creative renaissance that's been bursting at the seams for years. This has led to the explosion of countless creative endeavors, from screenplays to the publication of novels to production work on other projects, etc., and, currently, the decision to create a business to officially use as a platform for all of it.

Oh yeah and I'm drunk as fug from celebrating the successful defense of my master's thesis so there's that.

Anyway I want to start a small business with several purposes. One I want to cover my ass for my rental properties so if one of my tenants fugs poo up my ass isn't on the line, which would warrant an LLC, as I understand it. However this is an umbrella company, and I'd also like it to serve in name as well as in function to handle the production of a micropublisher, which basically means I'll develop an online publication service and as well as a specialty publication distribution network for hard copies of works, all geared towards a niche demographic that should make marketing and exploration a lot easier. My temptation here is to go as an Inc.

You business bastards should toss in here pretty much anything you've got. I'm looking to register one way or another within the next month, talking to realtors about office space now.

ps i'm drunk

Link to comment
Share on other sites

Really...it just depends on how you want to be taxed. If you're solo an LLC would pry be best. 

I would also set up my different business ventures as subs just to keep my finances under each one separate. 

Also look to other states that are more friendly from a tax and civil rights standpoint :)

 

Link to comment
Share on other sites

2 minutes ago, Panthro said:

Really...it just depends on how you want to be taxed. If you're solo an LLC would pry be best. 

I would also set up my different business ventures as subs just to keep my finances under each one separate. 

Also look to other states that are more friendly from a tax and civil rights standpoint :)

 

what do you mean as subs? like form an LLC for each one? or is there a sub LLC option?

Link to comment
Share on other sites

3 minutes ago, PhillyB said:

what do you mean as subs? like form an LLC for each one? or is there a sub LLC option?

No form a parent LLC and have subs under them. I don't type out lots of  infor but there are some really helpful links

http://smallbusiness.chron.com/create-subsidiary-under-llc-3789.html

Also the SBA is a great resource

https://www.sba.gov/

I'll send you some more stuff when I can get my external hardrive in better working order

Link to comment
Share on other sites

Honestly man, check with an accountant. They may seem very close when you read the basics about each, but like Panthro said, it all depends on how you want to be taxed and what your intentions are inside your business. I would sit down and set up your business plan, then go talk to someone about it. You can set up the LLC or S corp yourself for about 150 bucks depending on the state you choose to establish it in, again, more tax considerations to take into account. You just want to make sure you get the one with the most protection for your situation, and with the way tax laws seem to change little bits here and there, it's damn hard to keep up sometimes. 

 

*edit* One more thing. Do not ask anyone from the IRS any questions about this. Before I set up my corp, I consulted the IRS because I wanted to make sure I was following the correct procedures with reporting and all that stuff. Long story short, I did it wrong. I called the IRS, told them who I talked to and when, and they told me I should have consulted a professional. I said I contacted you. No BS, the lady on the phone told me "that's your first mistake."

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.


  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • ➥ Product Name – Fitness Keto Gummies Australia ➥ Composition – Keto Gummies ➥ Category – Weight Loss ➥ Rating – ★★★★★ ➥ Purchase Access – Only Online ➥ Official Website – {FitnessKetoGummiesAustralia.Com}   ⥤ Sale Is Live At Official Website ➧➧ Order Now ⥤ Sale Is Live At Official Website ➧➧ Order Now ⥤ Sale Is Live At Official Website ➧➧ Order Now   Official Website@>>> https://www.wellnesstips360.com/fitness-keto-gummies-australia/ Fitness Keto Gummies Australia:- The consideration of green tea in the item lines up with the examination recommending its constructive outcomes on weight the board. Green tea is known for its commitment towards better wellbeing and wellness; besides, it is remembered to work on your safe framework and furthermore assist with keeping up with ketosis, supporting you in your weight reduction venture. Order Now@>>> https://www.wellnesstips360.com/order/fitness-keto-gummies-australia/   More Related Links@>>   Official Website@>>> https://www.wellnesstips360.com/fitness-keto-capsules/ Official Website@>>> https://top10cbdcare24x7.com/essential-keto-gummies/ Official Website@>>> https://www.wellnesstips360.com/boostline-keto-acv-gummies/ Official Website@>>> https://www.wellnesstips360.com/hero-keto-acv-gummies/ Official Website@>>> https://www.wellnesstips360.com/proton-keto-gummies/   Startup@>>> https://startup.info/alert-beware-truth-exposed-supreme-keto-acv-gummies-us-ca-best-customer-reviews/ Startup@>>> https://startup.info/lets-keto-gummies-australia-nz-ca-chemist-warehouse-gummies-must-read-before-buying-untold-truth/ Outlookindia@>>> https://www.outlookindia.com/outlook-spotlight/-scam-exposed-gold-coast-keto-gummies-australia-is-it-safe-reports-official-price-customer-reviews-news-238376   Facebook Page@>> https://www.facebook.com/profile.php?id=61561417085417 Facebook Page@>> https://www.facebook.com/profile.php?id=61556472263079 Facebook Page@>> https://www.facebook.com/EssentialKetoGummiesNewZealandBuy Facebook Page@>> https://www.facebook.com/BoostlineKetoACVGummiesUS Facebook Page@>> https://www.facebook.com/HeroKetoACVGummiesUS Facebook Page@>> https://www.facebook.com/FitnessKetoCapsulesAUS Facebook Page@>> https://www.facebook.com/FitnessKetoCapsulesNZ Facebook Page@>> https://www.facebook.com/profile.php?id=61556337396014 Facebook Page@>> https://www.facebook.com/ProtonKetoACVGummiesUSAOfficial   Jimdo@>>> https://fitness-k-e-t-o-gummies.jimdosite.com/ Jimdo@>>> https://fitness-keto-gummies-australia-9.jimdosite.com/ Jimdo@>>> https://fitness-k-e-t-o-gummy-australia.jimdosite.com/ Jimdo@>>> https://fitness-keto-australia-reviews.jimdosite.com/   Blogspot@>>> https://wellnesstips360.blogspot.com/2024/07/Fitness-Keto-Gummies-Australia.html Blogspot@>>> https://top10cbdcare24x7.blogspot.com/2024/07/Fitness-Keto-Gummies.html   Site.google@>>> https://sites.google.com/view/fitness-keto-gummiesaustralia-/home Site.google@>>> https://sites.google.com/view/fitness-keto-gummiesofficial/home   Group.google@>>> https://groups.google.com/u/1/g/fitness-keto-gummies-australia-au/c/RQ8X7DLJxPc Group.google@>>> https://groups.google.com/u/2/g/fitness-keto-gummiesau-reviews/c/b8JjaGLILuE   Company.site@>>> https://fitness-keto-gummies-official.company.site/ Company.site@>>> https://fitness-keto-gummies-au-official.company.site/ Company.site@>>> https://fitness-keto-gummies-australiaofficial.company.site/   Godaddysites@>>> https://fitness-keto-gummies1.godaddysites.com/ Godaddysites@>>> https://fitness-keto-gummies-au.godaddysites.com/ Godaddysites@>>> https://fitness-keto-gummies-australi0.godaddysites.com/   Gamma.app@>>> https://gamma.app/docs/Introduction-to-Fitness-Keto-Gummies-Australia-3c3fu08djd8sk7g?mode=doc Gamma.app@>>> https://gamma.app/docs/Fitness-Keto-Gummies-Australia-Reviews-Weight-Loss-Diet-Pills-Ket-ag5bk6x3trexrbz?mode=doc   Caramellaapp@>>> https://caramellaapp.com/mervinafrazier/xvSbAJGzU/fitness-keto-gummies-australia Caramellaapp@>>> https://caramellaapp.com/fitnessketogummiesau/5anaDj6Ai/fitness-keto-gummies-australia
    • https://www.devex.com/people/como-llamar-a-american-airlines-en-espanol-2238323 https://www.devex.com/people/como-hablo-con-una-persona-en-american-airlines-2238352 https://www.devex.com/people/como-llamar-a-american-airlines-en-mexico-2238601 https://www.devex.com/people/o-como-llamar-a-american-airlines-en-espanol-2239035 https://www.devex.com/people/como-hablo-con-una-persona-en-american-airlines-2239074
    • 》Product Name — Golden Revive Plus 》Category — Health Supplement 》Availability — Official Website 》Main Benefits — Promote Joint Health And Comfort 》Side Effects — N/A 》Rating — ★★★★✰ 4.8/5 》Official Website — https://www.healthsupplement24x7.com/get-golden-revive-plus Rediscover a pain-free life with Golden Revive Plus – your trusted solution for lasting joint pain relief and improved mobility. Golden Revive Plus is a groundbreaking solution for those battling persistent joint pain, stiffness, and mobility challenges. Developed by a seasoned physician with expertise in both traditional and holistic medicine, this supplement offers a uniquely integrative approach to joint health. By combining time-tested principles of conventional treatments with the best of natural and neuropathic remedies, Golden Revive Plus stands as a comprehensive answer for individuals seeking long-term relief from joint discomfort. This supplement is not just another temporary fix; it is the culmination of extensive scientific research and innovation. Often referred to as "the grease for the joints," Golden Revive Plus has earned its reputation as a trusted mobility enhancer. Many users report noticeable improvements in their joint function, flexibility, and overall vitality within just days of starting the regimen. Click Here To Visit Golden Revive Plus Official Website Click Here To Visit Golden Revive Plus Official Website Click Here To Visit Golden Revive Plus Official Website Benefits of Golden Revive Plus Targeting the Root Causes: By addressing inflammation, musculoskeletal pain, and fibrosis – the three primary contributors to joint discomfort – Golden Revive Plus provides comprehensive relief, allowing individuals to experience newfound comfort and mobility. Nourishing Nerve Health: This innovative formula goes beyond symptom management, working to restore and revitalize damaged nerves, offering a ray of hope for those grappling with years of accumulated damage. Enhancing Mobility: Acting as a lubricant for the joints, Golden Revive Plus fuel your mobility, empowering you to move freely and engage in activities that bring joy and fulfillment. Restoring Joint Health: Through targeted support, Golden Revive Plus promotes cartilage health, reduces friction between joint bones, and improves blood circulation, ensuring optimal joint function and comfort. Supplying Essential Nutrients: Packed with a blend of vital nutrients, this supplement provides the body with the building blocks necessary for joint health, supporting overall vitality and well-being. Combatting Free Radicals: By harnessing the power of antioxidants, Golden Revive Plus fights off free radicals, minimizing oxidative damage and promoting long-term joint health. Buy Golden Revive Plus Today And Start Enjoying The Benefits! Pricing and Availability Golden Revive Plus is available through the official Golden Revive Plus website. Here are the pricing options Buy 1 Bottle (30-day supply): $62 Buy 3 Bottles (90-day supply): $44per bottle Buy 6 Bottles (180-day supply): $34 per bottle Golden Revive Plus frequently offers discounts or deals for bulk purchases, making it more affordable for users who plan to use it over several months. PROMOTIONAL OFFER ORDER GOLDEN REVIVE PLUS FOR AN UNBELIEVABLE CHEAP PRICE TODAY https://golden-revive-plus.sites.kaltura.com/
×
×
  • Create New...