Posts by silverbison293

You aren't going to get approved for any kind of loan anywhere... unfortunately 😢

1. If you want to get an LLC up and running, you can find everything you need on sites like LegalZoom, or just keep scrolling through these forums... there’s plenty of info here if you actually bother to read...
2. I wouldn't be certain, but my guess is that regulations vary depending on which state you're looking at—so you might want to check in with the Secretary of State's office or some similar local agency to be safe.😉

So, you just met the guy?? Wow... unbelievable. Seriously, he’s already asking you to dump cash into his startup? Hmmm...

Look, here is the thing—he isn't just asking for a loan; he wants you to come on board as a co-owner by rewriting the entire operating agreement, essentially turning you into a director who holds independent authority over the firm. Before you even think about signing anything, you need to head down to the IRS or check with the state to see if this company is drowning in debt. You need to check the federal court records to see if they're being sued out of their minds, pull the actual balance sheets, find out who's handling their accounting, and dig deep into the books... look at the receivables, the liabilities... what they actually own...

Once you actually have those numbers in front of you, then—and only then—can you make an informed call. But until you know exactly what kind of mess you might be walking into, don't put a single cent in. At least, I wouldn't...

ne

cosmicviper36,
look, if your small business isn't actually pulling in any revenue, you aren't paying those self-employment taxes—so there are no penalties to worry about...

secondly, theoretically speaking, you can run your own side hustle even if you're already employed by a company that operates in the exact same industry as your business. at that point, it’s less about the law and more about your relationship with your boss—specifically whatever is laid out in the employee handbook, or just... talk to them openly, provided there isn't a direct conflict of interest...
just make sure you frame it as a little side project that won't interfere with your day job and doesn't create any friction with your current role.

Taxes are just one piece of the puzzle—you have every right to know if a company actually owes the government money or not. You can also demand that during a change of ownership, the founder, the owner, or the board signs off stating the business is clear of any debts or legal disputes... essentially guaranteeing, under both criminal and civil liability, that at the moment of transfer, the company is completely clean of debt and litigation.

The example you brought up happens all the time when a corporation owns real estate and then tries to flip it by just swapping out the owners within the company itself—it’s a classic move to dodge property transfer taxes.

Honestly, I don't even know why you'd want to dive into owning part of a company in the first place... it's going to cost you a fortune.

Just head down to a notary and amend the articles of incorporation—essentially rewriting the social contract—so that the "old guard" exits the management and ownership entirely, while the "new" owners step into the corporate structure...

It’s straightforward—there doesn't even need to be an actual transfer of funds involved...

Look, strictly speaking, you really ought to have legitimate macOS on every single machine you run—because if the IRS or some other tax authority ever decides to audit you... well, they can definitely start digging into that stuff.

From what I gather, though, it’s pretty rare for them to actually go after you for it.

(And just to be clear, I’m not suggesting you go out and buy some bootleg version of macOS or anything like that.) 😍

You don't actually need to pay for computer repairs
—I mean, you have to deal with the IRS and state taxes anyway
—so why bother with extra fees?
It’s just not worth the headache...

Look, let’s keep things casual here—we’re all on a first-name basis, just trying to help each other out where we can...

I don't have any firsthand experience with opening up a nightclub, but honestly, in this country, anything is technically possible—so my best advice is to actually go talk to the local zoning office or the Chamber of Commerce where the property is located. They’ll give you the full rundown on what you need and whether you’ll have to pull entirely new permits if the building already has its paperwork in order.

As for whether there's extortion going on in your area... I wouldn't know. How could I possibly tell?
Personally, I wouldn't even dream of opening a disco unless I had the right connections—and you know exactly the kind of people I mean...😉

You have to start from scratch—pay for every single thing all over again—and if you want the specifics, you can head down to the local Chamber of Commerce office...

Racketeteering??? What on earth is that supposed to mean? 😂

Well, I certainly hope you factored that into the ticket price 😉

That’s going to depend entirely on which bank you're using—assuming they even approve something like that in the first place.

I managed to negotiate a few things myself, even though nothing was explicitly laid out in the fine print... you really have to ask questions and basically pitch your own terms if you want results (which is what I had to do). Just a heads-up: most of the low-level clerks you deal with don't actually know much about the inner workings. In my case, I ended up negotiating directly with a director over at JPMorgan Chase, and that's ultimately what made the difference...

silverbison293 said:You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...

silverbison293:

I don't know... I suppose I should say something about this, though it feels a bit like shouting into a void—but here we are. There’s a certain rhythm to these discussions that I find increasingly difficult to follow lately... everything seems to be moving toward this frantic, unthinking consensus, which is never a good sign. It reminds me of those old debates back in Chicago—years ago, mind you—where everyone thought they had the answer before they even understood the question. We tend to rush. We rush to judgment, we rush to conclusions, and then we act surprised when the whole thing falls apart at the seams. It’s a pattern. A predictable, somewhat exhausting pattern. Anyway, I’m just thinking out loud... or perhaps just thinking too much for my own good. It’s hard to tell sometimes. silverbison293 says: Does a service-based business—you know, the guys out there doing the actual work like painters or electricians—actually need a dedicated physical office space when they first get up and running?

silverbison293 said:You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...

silverbison293:

I honestly don't see why everyone is getting so worked up about this... it feels like we're just spinning our wheels at this point. You look at the way things are moving—the sheer lack of foresight in these recent policy shifts—and you have to wonder if anyone is actually paying attention to the long-term fallout. It’s almost comical, really... if it weren't so frustrating. I've been watching these trends for a while now, and it always seems to follow the same predictable pattern of chaos followed by half-baked solutions that barely scratch the surface of the actual problem. We keep expecting a different result from the same broken systems, which—let's be honest—is the very definition of insanity. Anyway, I suppose it's just my opinion, but I can't shake the feeling that we're being led toward a cliff while everyone argues about what color the car should be... silverbison293 says: I suppose I should begin somewhere... though where one actually starts when everything feels so disjointed is anyone's guess. It’s a bit like trying to untangle a mess of fishing line—you pull one thread thinking you've made progress, only to find the whole knot has tightened elsewhere... anyway, I'll get to the point eventually.😁Big thanks to Quincy... Is there actually a specific regulation or some kind of statute that dictates which types of small businesses are strictly prohibited from operating without a dedicated commercial space—assuming we aren't just talking about those residential zoning laws for home-based businesses... I’m looking to get a small business off the ground—just a simple LLC or a solo operation—but I am completely stuck on this damn commercial real estate situation... It is infuriating. I’ve been scouring the web for hours, but finding anything useful online feels like a total dead end. Everything is just a ghost town of outdated listings or broken links... nothing helpful at all.

silverbison293 said:You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...

Do I really need to go over this one more time? ...

Don't just sit there waiting for everything to be handed to you on a silver platter—you actually need to put in some work yourself. It isn't nearly as daunting as you’re making it out to be... honestly, a little bit of effort and a decent amount of politeness goes a long way, and before you know it, the lady at the front desk will have everything sorted out for you. It might also be worth making a trip over to the local Chamber of Commerce—there’s no harm in gathering some actual information there instead of just guessing...
By the way—take this forum for what it is, a mere compass to point you in a general direction—but please, for heaven's sake, don't treat it as some kind of bedrock for making actual business decisions...

I can't quite make heads or tails of those links—they seem to be dead ends or broken paths to some old files... nothing but digital ghosts at this point.

It looks like someone was trying to point toward some technical specs or maybe a guide on minimal requirements, but the servers aren't talking back anymore. Just empty space where information used to live...

You’re going to need an MTU, a building permit—unless the structure was built prior to, what, 1948?—and a certified electrical inspection report...
You can dig up all those specifics at your local county clerk's office or whatever municipal department handles zoning in your area..
Look, it’s just how the system works...

Give me a bit more detail on what you actually do... or rather, what you'd be looking to do... 😉

http://www.wsj.com/articles/example-article

Look, silverbison293, it wasn't exactly rocket science... 😉

Wait, wasn't your business actually registered over there?
Just draft up a contract and stop stressing—I really don't think you're going to run into any issues here. Besides, from what I gathered, you weren't out there dropping hundreds of thousands of dollars... I hope... 😍

And maybe take an Advil or something, just so that headache finally lets up.😉

jasmina,
I spent less than a minute Googling this—barely sixty seconds, really—and found what you're looking for right here. Then again, if you had bothered to dig through a few more pages or scrolled through another thread in this PDF, I'm certain the answers you're hunting for would have popped up eventually.

Look, don't take this the wrong way, but you need to put in some actual effort. If you expect everything to be handed to you on a silver platter, you’re never going to make it in business. Real entrepreneurs have to be proactive and self-reliant—that's just how it works. Consider this a bit of free, unsolicited advice... 😉

http://www.tvrtka.biz/tvrtka/index.p...id=35&Itemid=1

http://www.poduzetnik.info/index.php...-obrta-i-doo-a

roy,
Look, you could set up an LLC, but try to find someone else to act as the CEO—ideally, someone who already has a full-time gig elsewhere, so they aren't technically on your payroll... If you step in as the authorized representative instead, you’ll still hold the decision-making power of a director without actually being an employee. That way, you don't run into any issues with your Social Security benefits or whatever retirement setup you've got going... 😉

Raymond Martinez10 said:Hey girl 🙂 you might be almost ☕

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