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 I got a letter attached w/ a check for $2,750 in the mail today from Liberty Financial Corp, hoax or real?
I got this letter in the mail today along w/ a check for $2,750 from a company that Ive never heard from called Liberty Financial Corporation. It said that I was part of the North America Prize Pool ...


 Does anyone have any comments on the profit Barclays bank made?
7.6 BILLION POUNDS!!!!!!!!!!!!!!...


 Need good work at home program.?
I'm working at home for a online program. They keep getting slow and slower. Does anyone know of any legit work at home program....


 Need help for an essay. Can anybody recommend me companies that practices good corporate ethics? thanks!?
...


 Is it ethical for a company to ask employees to contribute to a charity where the charity is a customer?
Also the company makes more profit from the charity than it or the staff contributes....


 Missed my fedex delivery. What now?
I missed my Fedex delivery and the guy didn't leave a note or anything. I have no problem picking it on from a fedex center, but where do I find the closest one by me. I have a Fedex/Kinkos by ...


 Who believes Ken Lay (former Enron chief) is really DEAD?
...


 What does CFO stand for?
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 How is Exxon's business practice legal/good for the economy?
This article:
http://news.yahoo.com/s/ highlights the problem. Exxon "posted the largest quarterly profit by a U.S. company", and
&...


 During the interview,the question is...why would u want to work in the company? what would be the best answer?
...


 What would the owner of a large company expect from his Financial Controller/Finance Manager?
...


 How do work at a bank stoned?
i like to get high and work how can i get away with it as a customer service dude at a bank?...


 Is it acceptable at Wal-Mart?
Keeping in mind your morals and ethical views as well as criticisms against Wal-Mart, do you, as a consumer find it ok to shop at there? Why or why not?

[I am trying to answer this ...


 With BIllions of dollars in funds, why can't the UAW make a people-owned car company instead of striking?
They hate management, but keep paying them to lead them into disaster. I already thought of the wages they would get paid might not start at what they're used to, but a chance of success is ...


 What does pork barrow mean?
...


 Where can I obtain an "org chart" for a public company (like Disney) that shows the names of the executives?
I would like to know where I can obtain an "Organization Chart" for the executives of a public company like Disney. It should show the names of the executives and who reports to who. I ...


 What do you think about a store that works short handed?
and wont hire any help,plus they got us on a time limit to get our work done.That store is good old Wal Mart in New Boston,O...


 My co-worker and I are not feeling appreciated at work, how can we tell this to our boss in an e-mail? ?
Please give me suggestions. I am not sure how to phrase this, I don't know what to say and I am concerned of the reaction that my boss is going to have. Please help me any advice that you have ...


 How much would you spend on a suit?
How much would you spend on a suit? The jacket, shirt, tie, slacks.

Then if you would get other accessories list them. I don't care if you do or don't list the prices.

...


 How to find the complete list of companies located in a particular state or city.?
Say for example .. u need to know the complete list of big firms and SME in Kolkata....



amber
Can a sole proprietorship become a corporation?
I ask because in Wal-marts case when he started it was really small and clearly the business did not die with Sam Walton..
                     
 




AE N
All you need to do is registar with your state and talk to your accountant about the tax implications.


ZinaRae
Rating
Yes. Even as a DBA it would not necessarily "die". Forming a corp. is very easy, and you do not need a lawyer. In fact, a lawyer is a huge waste of money. It's very simple, and has some advantages. The "myth" you're going to hear is that it "protects" your assets. That's not true at all. It can protect your assets if you follow the "rules" of being a corp. An LLC has NO tax advantages over an Inc. Another myth. It depends on what your corporation is selling/providing. This has many answers that can only be fulfilled by knowing what you'd be planning. Walmart, as it is now, needs to be a corp. for many reasons. One is capital, the other is tax advantages, and the third is who's running the company on a daily basis.


shelcom
Anyone can start a corporation. Go to your Secretary of State's office and file for one.


JERSEY BOY ♠♥♦♣
Yes


Alterfemego
Anyone can incorporate. There are taxes advantages as well. You might look in to it. If you do, I'd get a good attorney to help you with the process and paperwork. You'll need one to be o retainer anyway.


backupplanc
Rating
A sole proprietorship can become a corporation. You have to file Articles of Incorporation with your state regulatory agency. There are several advantages and disadvantages of doing so. Advantages include
---Limited liability (your personal assets are not at risk)
---Access to capital markets (list on the stock market)
---Easy transfer of interest (people can sell/buy shares in your company easily).
The disadvantages include
---Double taxation of dividends (a corporation pays dividends from AFTER-tax dollars and then the individual shareholders that receive the dividends have to pay personal income tax on them)
---Expensive, it costs money to incorporate.
The best business form for most small to medium size businesses, in my opinion, is a Limited Liability Company. They have great tax benefits and offer protection for your personal assets.
Probably a much longer answer than you wanted, but good to know.


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