Carpet and Floor Cleaning Industry Chat Forum : just starting out https://www.kleenkuip.com/forum/ Copyright (c) 2006-2013 Web Wiz Forums - All Rights Reserved. Sun, 21 Jun 2026 14:04:14 +0000 Mon, 28 Aug 2006 13:25:52 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 12.06 360 https://www.kleenkuip.com/forum/RSS_post_feed.asp?TID=2840 <![CDATA[Carpet and Floor Cleaning Industry Chat Forum]]> https://www.kleenkuip.com/forum/forum_images/web_wiz_forums.png https://www.kleenkuip.com/forum/ <![CDATA[just starting out : You would think a business degree...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67140&title=just-starting-out#67140 Author: Superglide Ken
Subject: 2840
Posted: 28/August/2006 at 1:25pm

You would think a business degree would have you knowing better Chuck? The main reason most small companies are better off without a LLC the first 5 years is because most business lose money the first few years. A business set up as a proprietorship can deduct those loses against personal income, and get money back at tax time. The LLC can not do this. By year 5, when hopefully lots of money is being made, the lower tax status of the LLC and better asset protection this enjoys makes more sense.]]> Mon, 28 Aug 2006 13:25:52 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67140&title=just-starting-out#67140 <![CDATA[just starting out : ken...some of us have personal...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67139&title=just-starting-out#67139 Author: Dennis Conner
Subject: 2840
Posted: 28/August/2006 at 11:37am

ken...some of us have personal assets that we need to protect.  I don't think anyone would go after your brokendown van and chicken!
 
 
]]> Mon, 28 Aug 2006 11:37:35 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67139&title=just-starting-out#67139 <![CDATA[just starting out : Better off WITHOUT you mean. ]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67135&title=just-starting-out#67135 Author: Superglide Ken
Subject: 2840
Posted: 28/August/2006 at 9:19am

Better off WITHOUT you mean.]]> Mon, 28 Aug 2006 09:19:45 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67135&title=just-starting-out#67135 <![CDATA[just starting out : I agree withdoug. You are better...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67128&title=just-starting-out#67128 Author: Mo fo yo money
Subject: 2840
Posted: 27/August/2006 at 10:41pm

I agree with doug.  You are better off with the LLC until you are making alot of money.  When you get there, consult a CPA.
 
Mo
]]> Sun, 27 Aug 2006 22:41:11 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67128&title=just-starting-out#67128 <![CDATA[just starting out : Thanks for the info Doug ]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67068&title=just-starting-out#67068 Author: clovis
Subject: 2840
Posted: 25/August/2006 at 8:25pm

Thanks for the info Doug]]> Fri, 25 Aug 2006 20:25:25 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67068&title=just-starting-out#67068 <![CDATA[just starting out : Shop around for insurance. You...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67045&title=just-starting-out#67045 Author: doug
Subject: 2840
Posted: 25/August/2006 at 5:44pm

Shop around for insurance. You don't need to incorp unlsee you are making some serious cash or losing some serious cash?]]> Fri, 25 Aug 2006 17:44:48 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67045&title=just-starting-out#67045 <![CDATA[just starting out : Does anyone suggest a corporation...]]> https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67008&title=just-starting-out#67008 Author: clovis
Subject: 2840
Posted: 24/August/2006 at 8:15am

Does anyone suggest a corporation or a LLC when starting a business.  And one other question is who does everyone use for insurance or should I use an insurance guy who is locally in my area.]]> Thu, 24 Aug 2006 08:15:22 +0000 https://www.kleenkuip.com/forum/forum_posts.asp?TID=2840&PID=67008&title=just-starting-out#67008