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---- How do you know when to Incorporate, and, is it necessary?


jsinger - 10:19 pm on Apr 6, 2006 (gmt 0)


We have enough employees to make [health insurance]feasible, but surprisingly very few wanted to opt in.

We have a lot of women who are covered by their husbands policy. Kids, too, who are still on their family insurance.

Yes, I was referring to C corps.

I incorporated from Day One but I did the work myself. I remember doing the budget for my new business and trying to figure out how long I could survive on baloney sandwiches, three meals a day. I've known others who began a new business by first buying a Mercedes as the company car (That company went BK about three years later)

Comment about insurance agent reminds me of the ancient adage: never ask a barber whether you need a haircut.


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