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Recent content by Steve K

  1. S

    How to kill a friendship....

    PEOPLE 
    working with friends hurts business and kills relationships im doing my own thing, and hired a few of my friends. all they had to do was sell, i trained each of them to sell, and so far 2 out of 3 of them are worthless to me. can't sell sell. one kid quit. people just want to TALK about...
  2. S

    What fast cars do you own?

    OFF-TOPIC 
    porsche 911 turbo w/ 600 hp + tons of mods gonig up for sale in january , purchasing a used ferrari f430 or if i make enough , a mclaren slr (2005) in June. p.s. havent been too active on the forums, but i have made it to the fastlane and im going to make a thread soon also, MJ ...
  3. S

    Any inventors out there

    once the patent search comes back, so long as its positive, find the SIC (standard industrial classification) code for the invention. this will give you a number of manufactors that have the capabilities of producing the idea. pitch the manufactors. work out a licening deal. retire.
  4. S

    Non-Disclosure / Non-Compete Agreement For Prospective Partner(s)

    Re: Non-Disclosure / Non-Compete Agreement For Prospective Partne however, it is better than nothing
  5. S

    Non-Disclosure / Non-Compete Agreement For Prospective Partner(s)

    Re: Non-Disclosure / Non-Compete Agreement For Prospective Partne you need a non compete drafted by an attorney customized for your exact entity. a generic NDA is worthless... very easy to get around it
  6. S

    Any inventors out there

    this is the business i am in and own. invention development and patent services. to make it happen, you only need one thing. a VERY good patent attorney. have them do a manual patent search, and have them guide you. youre gonna invest a nice piece of change, but it'll be well worth it. i...
  7. S

    deal of a lifetime for clothing

    MARKETPLACE 
    Jackets Adidas yours for $40 Don't Ask, never worn... Lonsdale Size Medium red and burgendy, pretty cool and super comfortabe yours for $25 Lacoste charcoal gray Winter Jacket european size 52 (U.S. size 42) i bought this jacket in Turkey for $500usd. its the warmest jacket ive ever owned...
  8. S

    deal of a lifetime for clothing

    MARKETPLACE 
    ok with my last thread, i sold over $10k worth of stuff for around $1000 within 5 hours or so.. . let's see if we can do that again before i get bombarded with questions, the reason im getting rid of this stuff is because i have a friend at Tom Ford, and im pretty much getting my entire...
  9. S

    Live a great life on less than $200K/yr?

    OFF-TOPIC 
    great thread
  10. S

    can't come to a decision on s-corp or llc.. help

    problem solved i will be forming a series LLC in the state of delaware.
  11. S

    can't come to a decision on s-corp or llc.. help

    ^ the irs is cracking down on people who pay them selves too little, and take a chunk as distribution, to avoid paying payroll/medicaid tax im not looking to pay myself EITHER i just want to reinvest the money.
  12. S

    can't come to a decision on s-corp or llc.. help

    ^i dont know thats what im trying to find out it's so frustrating because maybe im over analying things, but this is unbelievably frustrating
  13. S

    can't come to a decision on s-corp or llc.. help

    also In New York City, S-corporations are subject to the full corporate income tax at a 8.85% rate. However if the S-corporation can demonstrate that a portion of its business was done outside the city, that portion will not be subject to the additional tax. [edit]
  14. S

    can't come to a decision on s-corp or llc.. help

    nope it wasnt me but the reason i wouldnt pay myself a salary is because i'de like to invest as much as possible into a new business with pretax dollars also, just so you know, i do NOT have a partner... . i own 100% of my company
  15. S

    can't come to a decision on s-corp or llc.. help

    edit: other way around, buying a 50% stake in a laundromat, and funding a medical supply store
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