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-   -   business plan? What's your thoughts on it (https://gfy.com/showthread.php?t=515039)

HE WHO HAS RESURFACED! 09-11-2005 06:27 AM

business plan? What's your thoughts on it
 
just wondering the pros and cons of running business in certain way. i'm debating wether to work as:

An individual-
A DBA/sole propriortiship
A LLC
or a corp or inc

can someone tell me what the differences are as far as taxes go, & if going under one has particular benifits over the other.. Any reasons not to go with a particular one? thanks

sickbeatz 09-11-2005 06:28 AM

what's your annual income?

sickbeatz 09-11-2005 06:29 AM

wait a second, if you don't know the answer to this question yourself

there's something very wrong. keep flipping burgers or something

HE WHO HAS RESURFACED! 09-11-2005 06:31 AM

Quote:

Originally Posted by sickbeatz
what's your annual income?

At the moment, i work a full time job outside of this industry. I decided i am going back to making adult sites. right now the income is $0.. just planning ahead.. figured this would be the first thing for me to do, because i would have to register the domains under a name, & get an account under the name, etc...

HE WHO HAS RESURFACED! 09-11-2005 06:34 AM

Quote:

Originally Posted by sickbeatz
wait a second, if you don't know the answer to this question yourself

there's something very wrong. keep flipping burgers or something

Last time, i just used my name.. this time i wanted to go under a business name, just wondering if i should file a dba with the city, or file for a llc or corp/inc with the state & if i do that i'd need a fein for the banking & taxes etc.. so would have to file paperwork not just pick a name

CuriousToyBoy 09-11-2005 06:57 AM

Offshore rocks.

2c

Sosa 09-11-2005 09:12 AM

talk to an accountant. Or a few of them.

MandyBlake 09-11-2005 09:23 AM

yeah go buy an hour or two of an accountants time and ask all these questions.
we're an llc and LOVE it! lol

Juicy D. Links 09-11-2005 09:26 AM

hey spacedogggggggggggggggggg

DaddyHalbucks 09-11-2005 09:28 AM

LLC rocks, very flexible. Nevada is a good place to form it.

HE WHO HAS RESURFACED! 09-11-2005 11:03 AM

Quote:

Originally Posted by Juicy D. Links
hey spacedogggggggggggggggggg

what's up Juicy d. Links.. hello to you too.... :thumbsup


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