Hybrid Mode
© Copyright 1995 thru 2008 - The Mustang Works™. All Rights Reserved.
MustangWorks.com is designed and hosted by Aero3 Media.
MustangWorks.com is designed and hosted by Aero3 Media.
|
|
07-18-2002, 08:52 AM
|
#1 |
|
or '331 LX Eric'
Join Date: Jan 1999
Location: Columbus, Ohio
Posts: 2,142
|
Even a small operation like this could benefit from a properly structured business entity. Depending upon your personal financial condition, you may want to incorporate as a "C" or "S" corp., or form a one-person LLC. There are tax and legal advantages to each that you would have to contemplate but is something that you can usually determine rather quickly. This may serve you well, especially if you forsee this "on the side" business becoming a larger operation in the future.
E
__________________
1991 5.0 LX Coupe - 40,750 miles 331 cu. in. / Tremec 3550 / BFG Drag Radials 12.22 @ 114.31 mph - w/1.89 60' |
|
|
 |
| Thread Tools | |
| Display Modes | Rate This Thread |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| I'm really pissed now! | 82 GT | Blue Oval Lounge | 11 | 09-12-2004 02:53 AM |
| Buying a New Cobra / Selling the 5-Oh | NO SLO PK | Windsor Power | 3 | 10-11-2002 12:13 PM |
| Considering Buying..... | nismo280 | Windsor Power | 8 | 09-24-2002 09:24 PM |
| selling truck and buying T-5 conversion, which one and where? | fiveohpatrol | Windsor Power | 4 | 07-09-2001 09:01 PM |
| HELP....I'm thinking about selling.... | castle-twice | Classic Mustangs | 6 | 03-06-2001 02:23 AM |