Comments on: Sole Proprietorship or LLC for a web-design company? http://www.coprocsac.com/web-design-company/sole-proprietorship-or-llc-for-a-web-design-company Tue, 21 Dec 2010 01:53:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Logan A http://www.coprocsac.com/web-design-company/sole-proprietorship-or-llc-for-a-web-design-company/comment-page-1#comment-2890 Logan A Sat, 06 Mar 2010 19:58:59 +0000 http://www.coprocsac.com/web-design-company/sole-proprietorship-or-llc-for-a-web-design-company#comment-2890 Hello Six one 13 Interesting name, where did you get it? My own name "Logan" is old Irish for "from the Hollow". LLC means Partners doesn't it? For most small businesses you don't want partners. You do want to make money. The skills used in building web-sites may serve you in many ways. From what I have seen, most people who make money from the web are selling something. From Old Cars to Empty Promises. How much does it cost to make a promise. Often booklets or pictures or music disks can be peddled for a good profit. A business that needs several partners usually is much larger. Some partners have skills that others don't, others have the money to start, someone may have a place to work from, or maybe the proper tools (welding shop?) The big business killer is money! A dollar spent from out of your wallet is not the same as a dollar spent from a credit card. Both are different from the dollar you borrow on your house (or other asset). A successful business usually starts small, and builds into itself. If you dump a bunch of money into a business, then that is spent, and you lose the ability of adapting to different conditions. If the money is borrowed you will find that the lender wants HIS whether you have an income or not. Sometimes it is wise to borrow, but usually it is not. As it is written, "The borrower becomes the slave of the lender." A suggestion for you. Talk to your teachers, friends, and others who have been in the business. If you can work for someone else for a while who is doing it, you may learn much. That may save you making costly mistakes. As it is written, "There is wisdom in many advisers." Buy your professor lunch, do him some favors, a small gift. Same for friends and associates, You need your Start-Up money---Two years running money--- and an income to live on. If you borrow any of it, you need enough income to pay the payments without any of it coming from the business.<br><b>References : </b><br>I have been through some of it, and have seen more. I am an old man who also had dreams. Follow your dreams-----but not over a cliff. E-mail----ljalyea@yahoo.com 2 Hello Six one 13
Interesting name, where did you get it? My own name "Logan" is
old Irish for "from the Hollow". LLC means Partners doesn’t it?
For most small businesses you don’t want partners. You do want
to make money. The skills used in building web-sites may serve
you in many ways. From what I have seen, most people who
make money from the web are selling something. From Old Cars
to Empty Promises. How much does it cost to make a promise.
Often booklets or pictures or music disks can be peddled for a
good profit.

A business that needs several partners usually is much larger.
Some partners have skills that others don’t, others have the
money to start, someone may have a place to work from, or
maybe the proper tools (welding shop?)

The big business killer is money! A dollar spent from out
of your wallet is not the same as a dollar spent from a credit
card. Both are different from the dollar you borrow on your
house (or other asset). A successful business usually starts
small, and builds into itself. If you dump a bunch of money
into a business, then that is spent, and you lose the ability
of adapting to different conditions. If the money is borrowed
you will find that the lender wants HIS whether you have an
income or not. Sometimes it is wise to borrow, but usually
it is not. As it is written, "The borrower becomes the slave
of the lender."

A suggestion for you. Talk to your teachers, friends, and
others who have been in the business. If you can work for
someone else for a while who is doing it, you may learn
much. That may save you making costly mistakes. As it
is written, "There is wisdom in many advisers." Buy
your professor lunch, do him some favors, a small gift.
Same for friends and associates,

You need your Start-Up money—Two years running money—
and an income to live on. If you borrow any of it, you need
enough income to pay the payments without any of it coming
from the business.
References :
I have been through some of it, and have seen more.
I am an old man who also had dreams.
Follow your dreams—–but not over a cliff.
E-mail—-ljalyea@yahoo.com

2

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