Running a mobile business state wide.

**ExoticAutoDetai** · 02-13-2011, 06:50 PM

I know how to apply for the right papers in running a business legally operating in one state only. But this year I am planning in operating my business in more than 2 different states.( I got my own personal reasons why) So I would like to know what I need to apply for and how and what kind of insurance I need. Is it more expensive than operating a business in one state only?

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**Bates Detailing** · 02-13-2011, 06:54 PM

Originally Posted by ExoticAutoDetai

I know how to apply for the right papers in running a business legally operating in one state only. But this year I am planning in operating my business in more than 2 different states.( I got my own personal reasons why) So I would like to know what I need to apply for and how and what kind of insurance I need. Is it more expensive than operating a business in one state only?

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Are you currently a sole proprietor/ LLC/ Inc.?!?!? I was going to do the same and am going to talk to my accountant later this week - I can find out more from here and let you know..... Im sure there are a few "little" things to deal with but I couldn't imagine it being anything ridiculous cost wise. I can also almost guarantee that you will need a separate license for each county you work in. This is why I am incorporating later this week - for ease of expanding.

**ExoticAutoDetai** · 02-13-2011, 07:00 PM

Originally Posted by B&B Tennessee

Are you currently a sole proprietor/ LLC/ Inc.?!?!? I was going to do the same and am going to talk to my accountant later this week - I can find out more from here and let you know..... Im sure there are a few "little" things to deal with but I couldn't imagine it being anything ridiculous cost wise. I can also almost guarantee that you will need a separate license for each county you work in. This is why I am incorporating later this week - for ease of expanding.

I am currently not operating my business right now due to personal reasons. But I am starting to get things in place ahead of time to be ready to come back for 2011 summer. I kinda know how LLC works. I been thinking going inc could be the answer all tho I don't know much about it. I would appreciate any info from you. I also know this guy where I live who works with small business owners I am going to see if I can get more info from him.

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**Bates Detailing** · 02-13-2011, 07:06 PM

Originally Posted by ExoticAutoDetai

I am currently not operating my business right now due to personal reasons. But I am starting to get things in place ahead of time to be ready to come back for 2011 summer. I kinda know how LLC works. I been thinking going inc could be the answer all tho I don't know much about it. I would appreciate any info from you. I also know this guy where I live who works with small business owners I am going to see if I can get more info from him.

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What State are you in? I was operating as a sole proprietorship since last summer and decided that I don't want my personal assets at risk..... also I cannot get a business loan due to jacked up credit (long story). So I am deciding to incorporate to make B & B its own separate entity that can have its own credit and all liability falls under the company - I will pay myself with a biweekly check the same as an employee - but I can choose how much I want to draw. Anyhow, my accountant told me that expanding is much easier when incorporated. The only bad thing about being incorporated is sometimes double taxation is a factor. The business gets taxed as well as yourself from drawing a paycheck. But I am sure there are plenty of ways to make it work in your benefit.

**ExoticAutoDetai** · 02-13-2011, 07:13 PM

I live in GA and you? So seems like going Inc is the best way all tho the double tax is a yike!! And concerns me a lot. Is there a way of avoiding double tax?

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**Bates Detailing** · 02-13-2011, 07:17 PM

Originally Posted by ExoticAutoDetai

I live in GA and you? So seems like going Inc is the best way all tho the double tax is a yike!! And concerns me a lot. Is there a way of avoiding double tax?

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My guess, and Im not sure, is that if you draw 99% of the profit made from the company as personal payment before the end of tax season that the gov can only tax what was profit - leaving very little left to be taxed. hit me up if you want to talk more about it ..... 615.967.8121 - I can share the little that I know.

**ExoticAutoDetai** · 02-13-2011, 07:26 PM

Do you have AOL screen name?

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**Bates Detailing** · 02-13-2011, 07:29 PM

Originally Posted by ExoticAutoDetai

Do you have AOL screen name?

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No - Im just not a huge fan of texting or typing something that can be talked about in a few minutes when it would take hours to write lol..... just me maybe

**ExoticAutoDetai** · 02-13-2011, 07:31 PM

Originally Posted by B&B Tennessee

No - Im just not a huge fan of texting or typing something that can be talked about in a few minutes when it would take hours to write lol..... just me maybe

Oh I see what's your name? I will hit you up somethimes this week we are watching a movie now The Godfather II lol

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**Bates Detailing** · 02-13-2011, 07:32 PM

Originally Posted by ExoticAutoDetai

Oh I see what's your name? I will hit you up somethimes this week we are watching a movie now The Godfather II lol

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Anthony - yeah, definitely hit me up - I am suppose to talk to my accountant tuesday afternoon, so if you have any specific questions let me know and I can ask her while Im there.