Post Reply 
Business Merging Income Streams
Author Message
ColSpanker Offline
Alpha Male
****
Gold Member

Posts: 1,363
Joined: Oct 2011
Reputation: 5
Post: #1
Merging Income Streams
I have a small company that barely makes enough to pay me. And it doesn't pay me that much. It's organized as a Sub-chapter S corporation, so it has a solid structure. I get enough to pay one of my bills from it. And this is after buying out most my former partner's stock.
My major source of income is from my freelance writing. I do it as an individual. That money doesn't go anywhere near my company.
I'm thinking about running my writing jobs through the company and creating a DBA ("Doing Business As"). The advantage would be the protection a Sub-chapter S brings to the table. I could also start doing my own E-book publishing through the company.
But I'm not sure if this is the smart thing to do.
Would like to get some opinions on this from the business guru's on this forum.

"We must all hang together, or assuredly we shall all hang separately."
06-20-2015 08:22 PM
Find all posts by this user Like Post Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Datasheet: How to Write College Essays for a Living -- Location-Independent Income WombRaider 14 1,481 05-23-2019 09:42 PM
Last Post: WombRaider
  Supplementing Your Income with Side Hustles - $15,000 US a year booshala 188 138,168 03-29-2019 01:59 PM
Last Post: nomadbrah
  Retiring early abroad on passive income from index funds ArloDash 26 3,519 03-23-2019 12:00 PM
Last Post: Australia Sucks

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | RooshV.com | Return to Top | Return to Content | Mobile Version | RSS Syndication