Keeping New Business Idea Secret From Current Employer.

 
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Hambden Bob
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Post by Hambden Bob » Mon. May. 11, 2015 8:47 pm

From now on,I will refer to You as "Raoul" ! I will claim only knowledge of You thinking about aquiring a 7-11 or a Qwickie Mart Franchise.....

But Seriously,You are going to want to get some Fine,Competent Legal Business Advice to avoid miss-steps,and Your own gut-wrenching.....It will be money well spent....

Have a very nice night,Raoul ! toothy


 
titleist1
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Post by titleist1 » Mon. May. 11, 2015 9:45 pm

Are you going to set it up as an S or C corp or as an LLC or something else?

I know you can have a generic name on the LLC, but you do have to give a general description of the type of business on the form selected from a list of categories. Your name would show up on the form as the owner / officer unless you name your wife as a principal. Then you could go through the process of being a woman owned business enterprise and that will give you an advantage on some municipal or government projects.

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