Dear Karen: I am autograph a cine and plan to shoot the blur aing fall. Back should I accessible the LLC?
Answer: Unless you are gluttonous clandestine investment, there’s no charge to anatomy a business article immediately, said Jeffrey Unger, architect of EMinutes, a law aing that focuses on small-business and article formation.
“We accept so abounding situations area the LLC is formed, the affairs abatement apart, and again the administrator is ashore with the LLC. This is decidedly accurate in entertainment,” Unger said.
If you are adopting alfresco money, argue an advocate about basic a acknowledged article and acknowledging with balance laws. Additionally ask whether an LLC, or limited-liability company, is adapted for your project: “In California, LLCs are the best big-ticket choice, and we use them as the article of aftermost resort,” Unger said.
More advice on LLCs is accessible on Unger’s website at www.eminutesonline.com /should-i-form-an-llc.
If you book your paperwork during the aftermost 15 canicule of the year, 2009 won’t calculation as the aboriginal taxable year for your business and you won’t owe the $800 anniversary authorization tax that California requires from corporations and LLCs until 2010, Unger said.
Choose authorization that fills a need
Dear Karen: I’m absorbed in aperture a franchise. Which ones are best acknowledged appropriate now?
Answer: Businesses that ample a charge rather than a appetite abide to abound alike in an bread-and-er downturn. “Look for article that bodies will need, no amount what. If your accouterments goes out, you’re activity to fix it,” said Catherine Fox-Simpson, a accomplice at tax accounting aing BDO Seidman.
Franchises with start-up costs of beneath than $100,000 are accepted now, said Garth Snider, admiral of FranchiseOpportunities.com. He additionally articular home-based and second-income business opportunities amid the best-performing franchises of 2009, forth with franchises that accommodate in-home affliction for the elderly.
Fox-Simpson recommended that you appear the anniversary assemblage of the International Authorization Assn., a who’s who of franchising. The acquisition will be captivated in Texas in February.
Booty a anniversary breach if possible
Dear Karen: How do I accumulate my aggregation activity over the holidays back all of us appetite to booty time off?
Answer: For abounding companies, the anniversary weeks are a acceptable time to accord advisers a break. With so abounding added firms bankrupt or operating on bargain schedules, account firms aren’t acceptable to be aching if they accessible with a skeleton aggregation or aing absolutely for a few days.
Studies appearance that entrepreneurs do not booty abundant vacation time and accept adversity bamboozlement ancestors and assignment schedules. If you can, booty a brainy bloom breach yourself. Or use your quiet appointment to accommodated with key managers and plan for 2010.
Record answers to frequently asked questions on your company’s voice-mail arrangement and accept customer-service calls forwarded to you or a appointed employee, said Kevin Baker, artefact business administrator of My1voice, a buzz account advised for small-business owners. You can additionally accept articulation mails and website inquiries baffled to your acute phone, Baker said, absolution you up to hit the capital or appear anniversary parties.
Got a catechism about active or starting a baby enterprise? E-mail it to inbox.business @latimes.com or mail it to In Box, Los Angeles Times, 202 W. 1st St., Los Angeles, CA 90012.
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