RAD Reality money tree self help logo

RAD Reality.com

logo bottom self help life coach
Go Back   Self Help & Life Coach > Free Self Help & Life Coach Forum > Business & Career Success
Become a Member or Login:

Reply
 
Thread Tools Search this Thread
Old 05-12-2008, 04:52 PM   #11 (permalink)
robert
Premium Member
 
robert's Avatar
 
Join Date: Mar 2007
Location: Vancouver, WA
Posts: 105
Rep Power: 10 robert is on a distinguished road
Default Re: Fire Fox

Well, I'm not familiar with the laws in Oregon. In Washington I don't see a problem with not registering the name for a short period of time, you just want to do it well before the end of the year. As far as insurance goes, you know the pros and cons with having and not having insurance; its just a matter of how comfortable you are without having it. Anything can happen at anytime, so its your choice.

With the labels, just be creative. Always keep it as simple as possible, but just keep what you have until you come across a better idea. In business, stuff will constantly change over time as you get ideas to improve what you are doing.

It is a little more work on the website, but its definitely worth it. The more time and work you put into it, the more it will pay off for you. Plus, the more you do, the more knowledgable you will become and the more you will benefit.
__________________
Robert Falk
Business Developer / Investor
Self Help | Business Resources
robert is offline   Reply With Quote
Old 05-12-2008, 05:33 PM   #12 (permalink)
Eshields1014
RAD Member
 
Eshields1014's Avatar
 
Join Date: Aug 2007
Location: Oregon
Posts: 93
Rep Power: 78 Eshields1014 is on a distinguished road
Default Re: Fire Fox

Quote:
Originally Posted by robert View Post
Well, I'm not familiar with the laws in Oregon. In Washington I don't see a problem with not registering the name for a short period of time, you just want to do it well before the end of the year. As far as insurance goes, you know the pros and cons with having and not having insurance; its just a matter of how comfortable you are without having it. Anything can happen at anytime, so its your choice.

With the labels, just be creative. Always keep it as simple as possible, but just keep what you have until you come across a better idea. In business, stuff will constantly change over time as you get ideas to improve what you are doing.

It is a little more work on the website, but its definitely worth it. The more time and work you put into it, the more it will pay off for you. Plus, the more you do, the more knowledgable you will become and the more you will benefit.
Yeah i agree with you...question for you i asked my agent if there was a price difference and there isnt...and i know you had told me before but can you tell me again, what is the differance between llc and sole? i was thinking llc might be better??
Eshields1014 is offline   Reply With Quote
Old 05-12-2008, 07:16 PM   #13 (permalink)
robert
Premium Member
 
robert's Avatar
 
Join Date: Mar 2007
Location: Vancouver, WA
Posts: 105
Rep Power: 10 robert is on a distinguished road
Default Re: Fire Fox

LLC is 1000 times better. But there is more cost involved with that, and you have to keep better records and make sure you are on top of your game.

LLC will just protect you personally. You will not be personally liable if something were to happen, as long as the proper business records are kept.
__________________
Robert Falk
Business Developer / Investor
Self Help | Business Resources
robert is offline   Reply With Quote
Old 05-12-2008, 07:22 PM   #14 (permalink)
Eshields1014
RAD Member
 
Eshields1014's Avatar
 
Join Date: Aug 2007
Location: Oregon
Posts: 93
Rep Power: 78 Eshields1014 is on a distinguished road
Default Re: Fire Fox

Quote:
Originally Posted by robert View Post
LLC is 1000 times better. But there is more cost involved with that, and you have to keep better records and make sure you are on top of your game.

LLC will just protect you personally. You will not be personally liable if something were to happen, as long as the proper business records are kept.
I asked my agent he said that this would not cost anymore to have vs sole...what more record keeping would i need to do? I plan on keeping almost every thing that i can
Eshields1014 is offline   Reply With Quote
Old 05-12-2008, 09:25 PM   #15 (permalink)
robert
Premium Member
 
robert's Avatar
 
Join Date: Mar 2007
Location: Vancouver, WA
Posts: 105
Rep Power: 10 robert is on a distinguished road
Default Re: Fire Fox

I don't know, I'm not that familiar with LLC's; never had one. I have only had S-Corps.

With an S-Corp the IRS requires a balance sheet, I'm not sure if the same is required for an LLC or not. I'm sure it would be.
__________________
Robert Falk
Business Developer / Investor
Self Help | Business Resources
robert is offline   Reply With Quote
Old 05-13-2008, 08:03 AM   #16 (permalink)
Eshields1014
RAD Member
 
Eshields1014's Avatar
 
Join Date: Aug 2007
Location: Oregon
Posts: 93
Rep Power: 78 Eshields1014 is on a distinguished road
Default Re: Fire Fox

Quote:
Originally Posted by robert View Post
I don't know, I'm not that familiar with LLC's; never had one. I have only had S-Corps.

With an S-Corp the IRS requires a balance sheet, I'm not sure if the same is required for an LLC or not. I'm sure it would be.
I need wording help....this doesnt sound right to me...We are sister in-laws

what other things should i chng?
Eshields1014 is offline   Reply With Quote
Old 05-13-2008, 09:12 AM   #17 (permalink)
robert
Premium Member
 
robert's Avatar
 
Join Date: Mar 2007
Location: Vancouver, WA
Posts: 105
Rep Power: 10 robert is on a distinguished road
Default Re: Fire Fox

not sure, haven't had a chance to take a good look at the website yet.

Why don't you just say that you are sisters? That will probably sound better than anything else.
__________________
Robert Falk
Business Developer / Investor
Self Help | Business Resources
robert is offline   Reply With Quote
Old 05-13-2008, 09:32 AM   #18 (permalink)
Eshields1014
RAD Member
 
Eshields1014's Avatar
 
Join Date: Aug 2007
Location: Oregon
Posts: 93
Rep Power: 78 Eshields1014 is on a distinguished road
Default Re: Fire Fox

Quote:
Originally Posted by robert View Post
not sure, haven't had a chance to take a good look at the website yet.

Why don't you just say that you are sisters? That will probably sound better than anything else.
hahah i thought about that, okay that sounds good. thanks well let me know when you get a chance!
Eshields1014 is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules (login or upgrade for more options)
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Terms of Service  |  Privacy Policy  |  Contact Us  |  FAQ  |  Archive  |  Myspace

Search Engine  |  Business Resource Links  |  Myspace Mobsters

A RAD Company  |  Copyright 2004-2008 RadReality.com

Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.0.0