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  #1  
Old 10-31-2006
rottdawg rottdawg is offline
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Default What kind of business are you running?

I am just setting up shop & I am wondering what type of business do you all run. I am thinking about going the LLC route. But I'm not sure if I need to or not. So whats everybody else doing?
Kevin
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  #2  
Old 10-31-2006
mafsu mafsu is offline
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Default Re: What kind of business are you running?

S corporation
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  #3  
Old 10-31-2006
SGT SGT is offline
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Default Re: What kind of business are you running?

Sole Proprietor for now. Evaluate your needs and match them to the business model that fits best.
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  #4  
Old 10-31-2006
StarQuest StarQuest is offline
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Default Re: What kind of business are you running?

This would be a accountant question.

They're both advantages and disadvantages when choosing any business entity.

I personally operate under C corporation but doesn't mean your basic needs would require that.
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  #5  
Old 10-31-2006
Layne Layne is offline
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Default Re: What kind of business are you running?

Sole Proprietor. It has tax advantages here in Teas.
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  #6  
Old 10-31-2006
Onsite Onsite is offline
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Default Re: What kind of business are you running?

LLC

Check with your Lawyer or Accountant to see what works best for you.
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  #7  
Old 11-01-2006
dingmedic dingmedic is offline
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Default Re: What kind of business are you running?

LLC . We are both operating members.
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  #8  
Old 11-01-2006
OmNi OmNi is offline
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Default Re: What kind of business are you running?

LLP - Same as a LLC but under partnership advantages.
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  #9  
Old 11-01-2006
toab toab is offline
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Default Re: What kind of business are you running?

Sole proprietor for now as the losses assosiated with business developement can be written against my fulltime job for a year at which time I have to get going.
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Old 11-01-2006
Starburst Mobile WR Starburst Mobile WR is offline
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Default Re: What kind of business are you running?

Under our L.L.C. using the D.B.A. Depending on what State your in it's always best to check with your Accountant or Lawyer. They can usually give you the best direction. Notice I said usually
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