Business Starting: What You Need to Know to Start a Business Business Guide |
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| Author:
| Karels, Jude |
| ISBN: | 979-8-4560-8907-6 |
| Publication Date: | Aug 2021 |
| Publisher: | Independently Published
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| Book Format: | Paperback |
| List Price: | USD $8.99 |
Book Description:
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Choosing a business structure requires a calculus that weighs tax and legal benefits with startup costs and time. It's one of the most consequential decisions you'll make when you first start your small business. Many small business owners hesitate to elect S corporation taxation because it requires more upfront time to get going. However, follow this book if you think S-corp suits your idea. Who am I? A 26-year-old software developer in Illinois, USA. What...
More Description
Choosing a business structure requires a calculus that weighs tax and legal benefits with startup costs and time. It's one of the most consequential decisions you'll make when you first start your small business.
Many small business owners hesitate to elect S corporation taxation because it requires more upfront time to get going. However, follow this book if you think S-corp suits your idea.
Who am I?
A 26-year-old software developer in Illinois, USA.
What is the point of converting to my own business?
* Fame and fortune? Maybe... excluding the 27% increase in pay, I plan on using my newfound business ability for other ventures.
* Getting rid of a staffing agency that just happened to have an agreement with the company I work for? Most definitely.
* Dropping the staffing agency for other reasons like their pseudo-group health insurance that is insanely expensive, yeah, that too. HSA here I come.
* Breaking the knowledge barrier to starting a business. Hopefully no lawyers or CPAs for me. I love to learn and do things on my own.