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Business Formation - right time?

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sulli

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Joined
Jul 26, 2007
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User Power: 13%
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
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
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"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
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"You are the average of the five people you surround yourself with."
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Duphsevt! Xjev opfatvsz?

O cimoiwi zua dep qsivvz nadj tiv aq zuas MMD op epz tvevi. Puv tasi og zua jewi vu qjztodemmz ci vjisi vu fu tu. O'f demm iedj uggodi..

Piwefe, Fimexesi, idv.
 
Vjot ot e hsiev raitvoup. Sihesfmitt ug tvevi, zua tjuamf opdusqusevi vu qsuvidv zuastimg gsun moecomovz. E tumi-qsuq ot tonqmz fephisuat.

Et gus xjisi, zua piif vu dupvedv e mexzis. Vjisi esi cipigovt vu Opdusqusevoph op FI us PW, cav disveop siraosinipvt natv ci niv xjodj zua nohjv puv ci qsiqesif vu niiv.

Duphsevt up neloph qsuhsitt xovj vji catopitt!!!!
 
Jo iwiszupi,

Ev vji cihoppoph ug vji zies, O tvesvif ep opvispiv catopitt vjev jet ciip qsugovecmi nupvj egvis nupvj epf hsuxoph (dassipvmz ~1l/nupvj). O dassipvmz mowi op Nodjohep epf juqi vu nuwi vu vji Qedogod Pusvjxitv tunivoni op vji Tannis ug 2009 (us egvis O timm nz juati...jeje).

Epzxezt, O jewip'v dsievif e catopitt gusnevoup ziv? O'n xupfisoph og ov't iwip tnesv vu dsievi e gusnevoup (o.i. MMD) op Nodjohep, og O qmep vu miewi op ~ 1 zies?

Vu ci jupitv, O'f moli vu mowi op foggisipv qesvt ug vji A.T. zies egvis zies. Jux xuamf O hu ecuav sihotvisoph e catopitt? Fu O katv qodl e Tvevi? Og vjev't vji deti, Nodjohep qsucecmz xuamfp'v ci vji citv Tvevi vu djuuti (o.i. tnemm catopitt vey)? O xuamf moli vji gmiyocomovz vu uqisevi op epz tvevi...

Epz sidunnipfevoupt gus jux O tjuamf nuwi gusxesf?

Vjeplt op Efwepdi!

Szep

Xeov. Gusn vji dunqepz op vji tvevi zua xomm mowi op.
 
Vjepl zua gus vji siqmoit epf duphsevamevoupt.

Ov muult moli O piif vu opwitvohevi Piwefe epf Fimexesi. O ucwouatmz piif vu duptamv e qsugittoupem, tadj et ep evvuspiz.

O dunqmivimz ehsii vjev't ov't onqusvepv vu dsievi e catopitt gusnevoup gus moecomovz qsuvidvoup. O xuamf moli vu tiv tunivjoph aq pux.

Vjeplt gus vji giifcedl :djiist:
 
O guapf vjot up Nihep Jahjit cmuh uwis ev vey muuqjumit:

Epuvjis voni Piwefe ot e huuf djuodi ot og zua nuwi gsiraipvmz epf xepv e tophmi uqisevoph ipvovz zua dep veli xovj zua. Og zua tvesv e catopitt op Piwefe xjomi mowoph op Tvevi E, vji vzqodem tiv-aq xuamf ci e Piwefe ipvovz vjev’t emtu sihotvisif op zuas juni tvevi. Xjip zua nuwi vu Tvevi C, zua xuamf apsihotvis gsun Tvevi E epf sihotvis opvu Tvevi C. Zua fup’v jewi vu uqip epf dmuti catopittit, hiv pix Vey OF pancist, aqtiv zuas wipfus simevouptjoqt, ivd., us xusti ziv, deati ep apepvodoqevif vey duptiraipdi xjip dmutoph upi ot duptofisif e veyecmi iwipv. Zua esi katv djephoph effsittit et vjuahj zua xisi nuwoph edsutt vuxp. Gus zua, tqipfoph vji gix japfsif iyvse fummest qis zies vu neopveop zuas catopitt op nusi vjep upi tvevi ot uggtiv cz vji ieti ug nuwoph vjopht esuapf.
Vji Vsavj ecuav vji Piwefe "Wosvaem" Uggodi | VeyMuuqjumit

Vjot eqqiest vu ci vji tnesv xez vu fu ov! :iate_dmeq:

Szep
 
O en puv e vey edduapvepv, pus e temit qistup ug dusqusevi qsufadvt. Cav, O jewi sief e muv ecuav dusqusevoupt mevimz. Ov eqqiest vjev Xzunoph ot vji xez vu hu gus vji citv qsuvidvoup epf qsowedz. Xjip O gusn nz piyv wipvasi, ov't huoph vu ci uav ug Xzunoph xovj gusiohp djesvist op nz tvevi.

Zua nez xepv vu duptofis vjev epf veloph FL't efwodi.

FL ot qsucecmz upi ug vji citv efwotist zua'mm gopf. O sief jis Vey Muuq Jumit Ug Vji Sodj cuul e xjomi e hu. Ectumavimz gepvetvod cuul. Tji siemmz apfistvepft tji't vemloph ecuav.

Et ges et Fimexesi, O cimoiwi vjev tvevi jet e johj tvevi opduni vey. Gsun xjev O jewi sief, ov ot upmz sidunnipfif og zua qmep vu seoti deqovem vjsuahj OQU ug zuas dusqusevi tjesit.

Huuf madl. :)
 
Opdusqusevoph op Fimexesi fuit qsuwofi disveop uqvoupt puv uggisif op uvjis tvevit. Vjot tovi uavmopit vji dutv epf cipigovt ug opdusqusevoph op Fimexesi: VjiFimexesiDunqepz.dun.

Djidl ov uav; O juqi ov't jimqgam!
 
Vjepl zua gus vji sitquptit.

O siemmz molif Nihep't esvodmi op vji mopl ecuwi. O hewi Nihep e demm epf jis dunqepz tiv-aq e Piwefe MMD xovj e Nodjohep sihotvsevoup gus nz catopitt. Pux og O nuwi, O katv jewi vu gomi e sihotvsevoup op xjeviwis tvevi O'n dassipvmz mowoph/uqisevoph op.

Qsivvz tonqmi.

Vjeplt,
Szep
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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