New Things are Happening

Alas, I have got the entrepreneurial bug. I started my first business (Soter's Windshield Repair) last December. I have done various contract jobs, but they are all stand alone, so I guess they don't count as a business. This week, I am off on my second real business that, Lord willing, should be operating by July. If the Lord blesses, it will be my favorite job for sure, although the one with the most liability. So what have the last couple days looked like? Well, Saturday I was trying to figure out if I could actually start the business with cash on a hair string of a budget (ie, less than one half of my tax return which isn't very big). I got the affirmative on that so today was spent pouring over laws, regulations, government forms, sole proprietorship vs. LLC, zoning regulations, etc. I visited the local city hall, the sheriffs department, talked with the county zoning commission... The result? I got tentative permission for the business from the zoning board, just have to go in and pick up the permit. I determined what form of company I would be setting up (sp vs. llc question) and studied the best way to protect my assets (think I answered that question as well). I also found a lot of questions I hadn't realized I would need to answer. Red tape... I'll keep you updated as to the success or non-success of this company as time goes on. The name by the way starts with Soter's, just like my last one. As to the business itself, that is to be announced on the success of this operation. Until next time...