Starting a new company is fun!

Started by Dan, November 16, 2011, 08:37:41 AM

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Cryptic Bert

Quote from: Dan on November 16, 2011, 08:37:41 AM
I almost forgot how much fun it was to work out the big jigsaw puzzle of starting a new company. Getting a resale certificate. Learning sales tax filing requirements and exemptions. Getting general liability insurance. Defining new positions. Setting up new vendors. Haggling over pricing. Working out the details of contracts for customers. Learning the pricing environment of my market and where to price. Figuring out how to do everything well and at the same time on a shoe string until the cashflow starts to come in. Pro formas. Setting up checking accounts and ordering checks. Yada yada yada.

This kind of stuff really is fun when you have a good business model and the right partners.  ;D

Too bad there aren't any lefties on this site to call me a greedy SOB who is taking their share of the pie by creating a new business, jobs, health insurance coverage and paying a load of taxes. Sales taxes (both state and local). Property taxes (both county and city). Occupational Licenses. A whole host of fees. State unemployment taxes. Federal unemployment taxes. The employer side of FICA. Federal income taxes. And state income taxes. And don't even get me started about all the extra coverage mandates on my health insurance where I am paying for things my people will never use in the name of leftwing redistributive justice.  ::)

I hate that sort of thing. I loved the marketing aspect. It's great going from concept to actual business but dealing with regs just pissed me off. No tolerance for it.

Dan

The marketing is cool too. But I like looking at the entire picture. There are so many different ways to add value.  ;)
If you believe big government is the solution then you are a liberal. If you believe big government is the problem then you are a conservative.

BILLY Defiant

Where do you plan to incorporate your company, Delaware corps used to be the rage but a lot can be said for Nevada corps.

My Company was a Delaware Corp.

Billy
Evil operates best when it is disguised for what it truly is.

Dan

Just incorporating in my home state of Louisiana. No biggie.
If you believe big government is the solution then you are a liberal. If you believe big government is the problem then you are a conservative.

taxed

I have been reflecting on how different it is nowadays when I started my first one  to nowadays.  Things have changed so much.
#PureBlood #TrumpWon

Dan

It really helps you see what a cancerous parisite runaway government has become. You get to see the specific details with each license, fee and tax that the typical liberal does not give us credit for paying when they decide what is our fair share of taxes to pay.
If you believe big government is the solution then you are a liberal. If you believe big government is the problem then you are a conservative.