Starting a business! Couple questions...

Discussion in 'General Business' started by tibberous, Nov 26, 2008.

  1. #1
    I want to start a business - which means I have an overwhelmingly long list of shit to do.

    Should I just file papers online to become an LLC, then talk to a small-business accountant once I have the papers? I'm hoping that a lot my first years looses will be offset by writeoffs (home office, $2000 computer, $1000 in server hardware, filing fees, hosting, accounting, ect)

    Does that sound like the way to go, or should I talk to an accountant first, and see what he'll charge to file the papers? I'm afraid I won't be taken seriously if I walk in there without anything.
     
    tibberous, Nov 26, 2008 IP
  2. PHPGator

    PHPGator Banned

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    #2
    They will take you serious, but i'm not so sure an accountant is who you need to talk to. Generally Attorney's take care of the legal work required to do a business. Most are way overpriced. I did what I need through legalzoom.com. They aren't the cheapest out there, but seemd to be the most quality online service for these types of things.
     
    PHPGator, Nov 26, 2008 IP
  3. tibberous

    tibberous Well-Known Member

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    #3
    I thought you could do it through either, just that attorneys would charge you twice as much to do the same thing. Realistically, you don't have to talk to anyone, since there just forms you file with the state, but if a couple hundred dollars can save me a few days of research (and make sure it's done right) it would be worth it.

    I'm hoping to be able to sell some website locally to help pay off (or at least offset) my startup costs -- starting a business on too much borrowed money just seems like a bad idea.
     
    tibberous, Nov 26, 2008 IP
  4. ErikJ

    ErikJ Peon

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    #4
    I would wait until you have to first file your taxes and then when you are making steady income. But yes you can save some on taxes. So its worth it
     
    ErikJ, Nov 26, 2008 IP
  5. tibberous

    tibberous Well-Known Member

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    #5
    Thing is I have a job right now. If I start a business now, I can write my startup costs off my income taxes, that I already pay.
     
    tibberous, Nov 26, 2008 IP
  6. yousellstuff1

    yousellstuff1 Active Member

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    #6
    what kind of business are you starting? very large?
     
    yousellstuff1, Nov 26, 2008 IP
  7. dota

    dota Banned

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    #7
    i think it will big business because use big $$$$$.u must think with profit and lose before start it
    use for online business ..very good investment
     
    dota, Nov 26, 2008 IP