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Starting an LLC - looking for some advice

Started by Jessica Murphy61 · · 👁 7 views · 46 replies

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Participants Jessica Murphy61Frank Chase6wearytrucker22Rachel Ortiz56Andrew Stewart3Thomas Garcia63rapidraven95Sophia Ramos5rowdypilot19silenthawk7Amanda Hughes44Roger Clark4Taylor Brown12Austin Bishop54
Sophia Ramos5 Sophia Ramos5 Active Member
121 messages
joined Jan 2018
#41 ·
Jessica Murphy61 said:Honestly, I don't even care anymore. I think they finally cut those subsidies, or at least that's what I heard...

🤦

http://www.bls.gov/default.aspx?id=32866

While I'm waiting on some paperwork from the Census Bureau, I've got three questions:

1.) I’m meeting with my architect tomorrow to work on rezoning a space from industrial to commercial, so I can hopefully snag a building permit for business use. Does anyone know how much it costs just to get the permit issued? I already know what the architect is charging, so that part's fine.

2.) There's a house right next to the commercial space, maybe 15 feet away. I'm thinking about having her rezone that one to mixed-use too, so we have the restroom situation sorted out immediately + my girl wants to start a jewelry business or something, so it would be handy. Is that actually doable?

3.) Do I really need to hire an accountant, or can I handle the books myself? I mean, I won't be doing it totally solo—I'll have someone helping me—but I'm planning on running the show myself.

I heard from a contractor over three years ago—he wasn't an engineer, but he kept up with the building codes—that there was a requirement (or one in the works) for commercial spaces regarding minimum ceiling height and certified concrete strength for the slabs. Does that only apply to new construction, or does it apply retroactively to existing buildings?
Jessica Murphy61 Jessica Murphy61 MemberOP
28 messages
joined Mar 2016
#42 ·
it doesn't even matter... I mean, certain businesses need specific ceiling heights and stuff, like if you're running a warehouse or something.

Mine? Nah, I just care that the exterior looks decent (at least up to the curb) and that all the utilities are legit—you know, certified electricity, water, all the permits and everything.
Jessica Murphy61 Jessica Murphy61 MemberOP
28 messages
joined Mar 2016
#43 ·
I think I might need to hit pause for a bit. It feels a little too rushed to try and flip this over to a legitimate business right away.

Now I’m kind of kicking myself for listing sand and gravel sales as my primary occupation with the Census Bureau.
See, I was talking to my cousin yesterday, and he actually offered me a gig selling some of the stuff he makes online.
He already rents his own warehouse space, so all I’d really need at home is my phone and my laptop. My only actual job would be swinging by his place every day to pack things up and get them out via UPS.

Basically, I wouldn't even need to deal with storage; I'd just need a registered business address.

Has anything changed recently regarding the laws for running an online shop or whatever?

Honestly, this sounds pretty sweet to me. There isn't a ton of heavy lifting involved in the sales side, and since he sells wholesale, there's probably decent money to be made—especially since I used to be a salesman for him back when we covered the Midwest. I could just handle the sales on the side from home, you know, under the radar, while I focus on getting this workspace organized.
Taylor Brown12 Taylor Brown12 Newcomer
2 messages
joined Nov 2016
#44 ·
I’m going to lay this out very clearly and concisely, because I am honestly at my wits' end here... nobody seems to have a straight answer for me, and it's driving me a little crazy. So, if anyone actually knows the answer, please, be so kind as to explain it to me. Thank you in advance.
So, here is the situation. I’ve officially set up my LLC. My primary business focus is running coffee shops—which I’ve already launched—but I also have quite a few other secondary activities listed on my registration. What happens if I want to branch out into something else that I'm already technically registered for? Like, say, I decide I want to offer makeup services or perhaps handle vehicle title transfers... what exactly do I need to do?
Roger Clark4 Roger Clark4 Newcomer
3 messages
joined Jun 2016
#45 ·
Taylor Brown12 said:I’m going to lay this out very clearly and concisely, because I am honestly at my wits' end here... nobody seems to have a straight answer for me, and it's driving me a little crazy. So, if anyone actually knows the answer, please, be so kind as to explain it to me. Thank you in advance.
So, here is the situation. I’ve officially set up my LLC. My primary business focus is running coffee shops—which I’ve already launched—but I also have quite a few other secondary activities listed on my registration. What happens if I want to branch out into something else that I'm already technically registered for? Like, say, I decide I want to offer makeup services or perhaps handle vehicle title transfers... what exactly do I need to do?

Look, you just perform any activity you've officially registered for... you do the work, you bill the client, and you log it in your books. 😉 It doesn't matter how wildly different the jobs are, as long as they're all listed under your business registration. 😁
Taylor Brown12 Taylor Brown12 Newcomer
2 messages
joined Nov 2016
#46 ·
Roger Clark4 said:Look, you just perform any activity you've officially registered for... you do the work, you bill the client, and you log it in your books. 😉 It doesn't matter how wildly different the jobs are, as long as they're all listed under your business registration. 😁

Thanks, Roger Clark4. I had a feeling that was the case... it seems so straightforward to just bill for the work and record it, but everyone here is such an expert that I couldn't get a straight answer from anyone else 😁 Thanks again 🙂👍
Austin Bishop54 Austin Bishop54 Newcomer
2 messages
joined Jan 2017
#47 ·
I follow the exact same workflow that Roger Clark4 suggests 🙂 I simply keep track of various credentials for those services—send out the proposal, get the job done, and collect the payment 🙂
My only lingering concern—though I could be wrong here—is the potential for unexpected levies. If these secondary ventures overlap with sectors like environmental consulting or hospitality, one might find themselves on the hook for fees to something like a local Chamber of Commerce. Correct me if I’m talking nonsense.

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