Keeping new business idea secret from current employer.

Re: Keeping new business idea secret from current employer.

PostBy: Hambden Bob On: 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
Hambden Bob
 
Hot Air Coal Stoker Stove: Harman 1998 Magnum Stoker
Hand Fed Coal Stove: Blower Model Coal Chubby 1982-Serial#0097
Coal Size/Type: Rice-A-Roni ! / Nut
Other Heating: Pro-Pain Forced Air


Re: Keeping new business idea secret from current employer.

PostBy: titleist1 On: 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.
titleist1
 
Hot Air Coal Stoker Stove: Harman Mag Stoker (old style) one in basement, one in workshop
Hand Fed Coal Stove: Harman Mark III on standby for long power outages
Coal Size/Type: Rice/Anthracite; Nut/Anthracite