Hi everyone,
At the beginning of the year, I started an internet business that has been profitable month after month and growing (currently ~1k/month). I currently live in Michigan and hope to move to the Pacific Northwest sometime in the Summer of 2009 (or after I sell my house...haha).
Anyways, I haven't created a business formation yet? I'm wondering if it's even smart to create a formation (i.e. LLC) in Michigan, if I plan to leave in ~ 1 year?
To be honest, I'd like to live in different parts of the U.S. year after year. How would I go about registering a business? Do I just pick a State? If that's the case, Michigan probably wouldn't be the best State to choose (i.e. small business tax)? I would like the flexibility to operate in any state...
Any recommendations for how I should move forward?
Thanks in Advance!
Ryan
At the beginning of the year, I started an internet business that has been profitable month after month and growing (currently ~1k/month). I currently live in Michigan and hope to move to the Pacific Northwest sometime in the Summer of 2009 (or after I sell my house...haha).
Anyways, I haven't created a business formation yet? I'm wondering if it's even smart to create a formation (i.e. LLC) in Michigan, if I plan to leave in ~ 1 year?
To be honest, I'd like to live in different parts of the U.S. year after year. How would I go about registering a business? Do I just pick a State? If that's the case, Michigan probably wouldn't be the best State to choose (i.e. small business tax)? I would like the flexibility to operate in any state...
Any recommendations for how I should move forward?
Thanks in Advance!
Ryan
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today