Posted on Wednesday, 29th April 2009 by admin
Business Directory
I am thinking of starting my own fashion boutique. I am not sure which route to go. I would prefer that the business and my personal finances are not mixed up so I was thinking of making it a C or S corp. How hard is it if I were to change my mind and want to change the way my company is built?
I am thinking of starting my own fashion boutique. I am not sure which route to go. I would prefer that the business and my personal finances are not mixed up so I was thinking of making it a C or S corp. How hard is it if I were to change my mind and want to change the way my company is built?
Tags: Personal Finances, S Corp, Sole Proprietorship
Posted in Small Business | Comments (1)
May 3rd, 2009 at 3:26 am
Small Business Web Hosting
Its doable, and not overly difficult. But it does take some work to change it later. a far as keeping finances separate, you can just keep a separate checking account for business and that pretty much keeps them separate in everything but credit. But in a new small corporation, your personal credit will be pretty closely tied to company anyway.