View Full Version : Starting a business
04-19-2004, 08:18 PM
I am considering stringing managing the racquet business for a major retailer. Last year we strung 10,000 racquets at the 3 stores I will manage. I will be paid per racquet as an Independent Contractor then I will pay my sub contractors.
Should I get a business license? Should I incorporate? As an "S" corporation. How can I minimize my taxes. Should I "1099" my subcontractors?
04-19-2004, 08:34 PM
You so lost me.
04-19-2004, 09:47 PM
Not exactly sure what you're looking for here. If you have basic questions about business setup, I suggest first reading a general guide for small businesses and working for yourself, such as these Nolo guides:
For actual questions about taxes and business setup, first I would ask your accountant--and believe me, if you're going to manage stores as an independent contractor and have employees or subcontractors, you'll need one. Best to consult with him/her before you get started.
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