Business Structure and Legalities
I was able to read through several different webpages that helped me first figure out what type of business structure I had. This could be either sole proprietor, partnership, corporation, and LLC.
I am going to use a Sole Proprietor business model because I am the sole owner, don’t have any employees and control all the expenses and profits. One great thing I found out is that I can also have my husband join the company as well still being a sole proprietor. This is great because I am training him as my second shooter.
I found out that are things that there are ways to maximize your taxes and save for your business expenses.
One way to make sure that I am saving the most money possible is by making sure to keep good records.
There are quite a few things that I need to take into consideration for local, state, and federal taxes and forms of registration.