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quote:

Originally posted by nefardec I want to open a gourmet stew restaurant at the top of a hotel in las vegas that charges $500.00 for a designer shoe filled with gourmet stew. You're not just eating, you are eating artwork. Hobo style. only for the elite

I lol'd

quote:

Originally posted by fayraree he has a point, krypton. you don't need $2,000 for a holdco, just the $30 to register it. ps. registering a company without a business plan or purpose is retarded.

It's a shell company. There is no good or service being offered for sale. I don't need a business plan at this point. The list I posted is just a rough sketch of what I plan to do, which will most likely take 10+ years. $2000 simply gets the foundation started with a little tiny investment. Domesticated completely misunderstood everything.

if you will develop a concept for 10 years, why do you need to incorporate a business today? what benefit will that have for you?

what about a hair care salon?

quote:

Originally posted by fayraree if you will develop a concept for 10 years, why do you need to incorporate a business today? what benefit will that have for you?

Why not? Incorporate gives credibility. I can invest in the name of my company, instead of my own name. Tax advantages. Foundation for future ventures. I honestly don't know what your guy's problem is...

quote:

Originally posted by Krypton It's a shell company. There is no good or service being offered for sale.

"Business: A commercial enterprise: the activity of providing goods and services involving financial and commercial and industrial aspects"

...but you're happy just being a societal dingleberry, aren't you Krypton?

quote:

Originally posted by Domesticated "Business: A commercial enterprise: the activity of providing goods and services involving financial and commercial and industrial aspects" ...but you're happy just being a societal dingleberry, aren't you Krypton?

WTF is your point besides being a total douchebag and looking stupid?

quote:

Originally posted by Krypton WTF is your point besides being a total douchebag and looking stupid?

That you're a clueless idiot who knows as much about the stockmarket, investing and successful business as you do about pleasing women, and that as you grow up and become a "financial planner" or something of that ilk, neither of those tenets will change.

quote:

Originally posted by Vivid Boy or you could buy a bunch of telephone booths and travel through time with your best friend and Dr. death.

LMFAO

LMFAO

LMFAO

LMFAO

LMFAO

quote:

Originally posted by Domesticated That you're a clueless idiot who knows as much about the stockmarket, investing and successful business as you do about pleasing women, and that as you grow up and become a "financial planner" or something of that ilk, neither of those tenets will change.

= no point

fuck off..

krypton, i'm actually trying to help because it's my job to provide (in certain cases) start-up businesses with loans, so i know this whole process better than most people (who don't make it their job).

yes, there are tax advantages to list expenses under a registered corporation as they can be written off as losses that you can claim when you eventually make some money. This way, you can accrue those expenses (especially any R&D, which as you said may take up to 10 years). However, you'll have to invest in an accountant to set this up properly for you because corporate tax planning gets very complicated. given where you are in your business planning process, most accountants will laugh at you but happily take your money.

you also have the risk of accruing so many expenses over 10 years that no bank would provide you with financing unless you can show that you have 2 x as much cash on hand as you have accrued losses so that the bank can be sure that you are not using its funds to finance those losses.

anyway, best of luck, and again, domesticated has raised some valid points; no comment on the mud slinging.

quote:

Originally posted by fayraree krypton, i'm actually trying to help because it's my job to provide (in certain cases) start-up businesses with loans, so i know this whole process better than most people (who don't make it their job). yes, there are tax advantages to list expenses under a registered corporation as they can be written off as losses that you can claim when you eventually make some money. This way, you can accrue those expenses (especially any R&D, which as you said may take up to 10 years). However, you'll have to invest in an accountant to set this up properly for you because corporate tax planning gets very complicated. given where you are in your business planning process, most accountants will laugh at you but happily take your money. you also have the risk of accruing so many expenses over 10 years that no bank would provide you with financing unless you can show that you have 2 x as much cash on hand as you have accrued losses so that the bank can be sure that you are not using its funds to finance those losses. anyway, best of luck, and again, domesticated has raised some valid points; no comment on the mud slinging.

Nothing like having someone else prove your point for you. That was as tasty as a cold beer on a hot day.

Essentially, your two points are, I should not incorporate a company with $2000. I'm telling you for the third or fourth time, I'm simply starting a shell company. Apparently, you two don't understand I'm starting extremely small. Starting an actual venture, of some product/service, well, no shit, it takes capital. I'v already stated my plan is going to take 10+ years. FFS...

quote:

Originally posted by Krypton Essentially, your two points are, I should not incorporate a company with $2000. I'm telling you for the third or fourth time, I'm simply starting a shell company. Apparently, you two don't understand I'm starting extremely small. Starting an actual venture, of some product/service, well, no shit, it takes capital. I'v already stated my plan is going to take 10+ years. FFS...

I've been reading through the thread... what exactly is your plan? You're going to invest in... nothing?

Domesticated is a douche. Don't waste your time on him.

Just do what you want to do. If you make mistakes, learn from them and move along.

quote:

Originally posted by Lomeli Domesticated is a douche. Don't waste your time on him.

I'd expect that much from a guy like you.

After calling me a douche, you've probably disturbed your cosmic balance. Could be time to get the crystals out and do another re-alignment of your chakras! Don't want any of that nasty negative energy having a detrimental effect on your spiritual life force.

quote:

Originally posted by Domesticated I'd expect that much from a guy like you. After calling me a douche, you've probably disturbed your cosmic balance. Could be time to get the crystals out and do another re-alignment of your chakras! Don't want any of that nasty negative energy having a detrimental effect on your spiritual life force.

quote:

Originally posted by ziptnf I've been reading through the thread... what exactly is your plan? You're going to invest in... nothing?

Invest in stock/bond equity initially. I have to build up my capital to start a product/service. My plan is to incorporate now with a shell company, and slowly build up from there. Domesticated thinks I plan on starting a business venture with $2000 and expecting riches. Straw man logic FTL...

quote:

Originally posted by Domesticated I'd expect that much from a guy like you. After calling me a douche, you've probably disturbed your cosmic balance. Could be time to get the crystals out and do another re-alignment of your chakras! Don't want any of that nasty negative energy having a detrimental effect on your spiritual life force.

awesome.

quote:

Originally posted by pkcRAISTLIN awesome.

+1

...okay, one last iteration of my advice, just because i'm feeling generous today

you should invest all your resources into coming up with the idea that you eventually plan on selling. this is the most important thing about your future business. without this, all the planning in the world won't help you.

keep all receipts for the expenses you accrued in coming up with this product/service, because you'll be able to eventually expense them even if they are in your personal name (because you could register as a sole proprietorship with the business in your name as a start, and eventually come up with a catchy name of your company that would suit the product/service you want to sell). Registering a company under the region's (provincial/state/federal) registry today won't help because you will likely have a numerical name and this is irrelevant; might as well wait until you have a good idea!

okay, i'm done. any further disagreement and i will join the flaming.

Ha ha.

http://www.tranceaddict.com/forums/...94&forumid=1&s=

quote:

Originally posted by Domesticated Ha ha. http://www.tranceaddict.com/forums/...94&forumid=1&s=

? not really

believe it or not there are people in the world who are different than you

domesticated: taking the cheapest of cheap shots

quote:

Originally posted by Domesticated I'd expect that much from a guy like you. After calling me a douche, you've probably disturbed your cosmic balance. Could be time to get the crystals out and do another re-alignment of your chakras! Don't want any of that nasty negative energy having a detrimental effect on your spiritual life force.

Yes. I bring out my crystal pipe and smoke a fatty bowl.

Instant enlightenment!

quote:

Originally posted by ziptnf

More like this:

quote:

Originally posted by nefardec believe it or not there are people in the world who are different than you

You're kidding!? Fuck, thanks for letting me know. I was wondering why my eyes, ears and penis have been decieving me all these years by telling me that some people have vaginas, others have skin that's a different colour to mine or a voice with a different timbre, and that some others are stupid enough to believe that rubbing crystals on one's body and chanting will magically heal their maladies when all that was required in the first place was a hard dose of reality. If you'd prescribed this remedy for yourself, perhaps you'd have come to the realisation that you regularly antagonise and criticise hipsters, trance fans and many other kinds of people on this board who are different to you, and probably many more in real life, as we all do. You'd have realised that you are being a hypocrite and you might never have pressed the "reply" button.

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