Find us elsewhere
Join Now Member Login

Corporation for home-based business?

 
New Topic
Post Reply
Follow Topic
« Prev Page of 2
  • Author
  • Message
 
jaybee

posts: 3

Dec 27, 2006 6:09 PM ET    Quote  Report Abuse
Points: 0   Vote
Are you suggesting that we set up our own foundation for our music
school and then operate as an LLC or find a foundation that will allow us
to form an LLC under their foundation?
jenq

posts: 22

Dec 27, 2006 7:19 PM ET    Quote  Report Abuse
Points: 0   Vote

Entities comprised of a foundation, C-Corp and LLC`s are really the only way to structure your business for maximizing tax savings and protecting your assets.  If you`re paying more than 7% a year, YOU`RE PAYING TOO MUCH!

Happy New Year Everyone!!!!!



-------------------------

Save more of your hard earned money.
Get your money working harder for you.
Protect all your money and assets.
I`ll show you how!
jaybee

posts: 3

Dec 28, 2006 8:01 AM ET    Quote  Report Abuse
Points: 0   Vote
Thanks for your quick reply!

You`ve gotten me very curious about this. We`re about to choose a
structure for ourselves, heading into the new year moving on from a sole
proprietorship because we have grown enough to need to hire a few
employees.   Can you recommend any reference or reading material that
brought you to your conclusion to combine a foundation and C Corp in
this way? It sounds intriguing.

Hoping your new year brings you joy and properity!

Jaybee   
« Prev Page of 2
Post Reply
 
.
Advertisement

Keep the Community Clean!

  • StartupNation forums should be used as a platform to learn, educate others, share stories, tips & tricks and to provide constructive feedback.
  • Please do not use the Forums for advertising & blatant self-promotion.
  • Please be respectful to other members and refrain from personal attacks and vulgar language.
  • StartupNation reserves the right to delete any message, reply, and/or member who violates our terms of use.
Read full terms of use
Advertisement
Advertisement
Advertisement
Advertisement