Chris Hedemark on Sun, 29 Dec 2002 23:41:03 -0500


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Re: [PLUG] Jobs -- YES


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On Sunday, December 29, 2002, at 09:45 AM, Bill Patterson wrote:

4. Pennsylvania has wanted about $300 per year minimum from corporations
just to get started. New Jersey is close at $280. And it doesn't matter
whether you are incorporated in Delaware, each state in which you do business
wants its cut. On top of that a corporation is frequently expected to carry
business insurance ($500-$600 minimum). Errors and omissions insurance can be
$1000-$2000. Accounting fees can easily hover around $1000.

The way around this is to be a sole proprietor (which increases your personal liability, but greatly reduces the up front hassle and expense).


Chris Hedemark .. Hillsborough, NC .. http://yonderway.com
Homeland Security begins at home; support your Second Amendment.


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